Lemco Mills, Inc.
40
Plan:
Lemco Mills, Inc. Progress Fund and Trust
11
54
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (40) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
17 additional years of work Up to $287,200 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Lemco Mills, Inc. Progress Fund and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 40. Lemco Mills, Inc. Progress Fund and Trust currently has over 100 active participants and over $886.3K in plan assets.
Retirement Plan Details
| Address |
Po Box 2098
Burlington, NC 27216-2098 |
| Industry | Manufacturing |
| Administrator | Chester Mayer |
| Net Plan Assets | $890,000 |
| Total Participants | 120 |
| Avg Account Balance | $7,000 |
Compare Other Companies in Peer Group
| Marglen Industries | 59.0 |
| The O'Dell | 56.1 |
| Patrick Yarn Mills | 54.4 |
| Premiere Fibers | 50.1 |
| Auto Custom Carpets | 41.0 |
| Kings Plush | 33.0 |
Comments