Shuford Mills LLC
37
Plan:
The Shuford Mills Profit Sharing and Retirement Savings Plan
11
56
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 42 point difference between this plan's BrightScope Rating (37) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
18 additional years of work Up to $310,000 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
The Shuford Mills Profit Sharing and Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 37. This plan is in the top 35% of plans for Investment Menu Quality. The Shuford Mills Profit Sharing and Retirement Savings Plan currently has over 800 active participants and over $5.9M in plan assets.
Retirement Plan Details
| Address |
Po Box 2228
Hickory, NC 28603-2228 |
| Industry | Manufacturing |
| Administrator | C Hunt Shuford Jr |
| Net Plan Assets | $5,860,000 |
| Total Participants | 860 |
| Avg Account Balance | $6,900 |
Compare Other Companies in Peer Group
| Lion Apparel | 52.3 |
| Royalty Carpet Mills | 51.5 |
| Precision Fabrics Group | 50.6 |
| Decorator Industries | 47.0 |
| Syntec Industries, LLC | 40.5 |
| Wellstone Mills, LLC | 38.9 |
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