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Company:
South Atlantic, LLC
Plan:
South Atlantic, LLC 401k Retirement Plan
 

South Atlantic, LLC

69 Plan: South Atlantic, LLC 401k Retirement Plan

 
 
69
34
60
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (69) and the top rated plan (78) could equate to:
[How is this calculated?]
4 additional years of work
Up to $101,300 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

South Atlantic, LLC 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. South Atlantic, LLC 401k Retirement Plan currently has over 100 active participants and over $5.0M in plan assets.

 

 Retirement Plan Details

Address 1907 S 17th St Ste 2
Wilmington, NC 28401-6680 
Industry Manufacturing
Administrator Violet M Terry
Net Plan Assets $4,960,000
Total Participants 140
Avg Account Balance $35,000

 Top 3 Funds in this 401k

1. Fidelity Contrafund 25%
2. Fidelity Spartan 500 Index 17%
3. Fidelity Magellan 14%

  Plan Service Provider

Auditor Dixon Hughes, LLC

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