Hafele America Co.
59
Plan:
Hafele America Co. Retirement Savings and Profit Sharing Plan
45
66
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (59) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $113,700 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
Hafele America Co. Retirement Savings and Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Participation Rate. Hafele America Co. Retirement Savings and Profit Sharing Plan currently has over 400 active participants and over $17.3M in plan assets.
Retirement Plan Details
| Address |
3901 Cheyenne Drive
Archdale, NC 27263 |
| Industry | Wholesale Trade |
| Administrator | Gary Crysel |
| Net Plan Assets | $17,300,000 |
| Total Participants | 440 |
| Avg Account Balance | $40,000 |
Compare Other Companies in Peer Group
| LaForce | 67.5 |
| Thos. Somerville Co. | 67.2 |
| Blevins | 65.3 |
| Commerce, LLC | 63.8 |
| Gustave A. Larson Company | 59.7 |
| N.B. Handy Company | 58.7 |
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