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Company:
C.C. Magnum Company LLC
Plan:
C.C. Magnum Company LLC Profit Sharing Plan
 

C.C. Magnum Company LLC

46 Plan: C.C. Magnum Company LLC Profit Sharing Plan

 
 
46
21
62
86
0
10
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30
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100
For the average 401k participant, the 40 point difference between this plan's BrightScope Rating (46) and the top rated plan (86) could equate to:
[How is this calculated?]
18 additional years of work
Up to $276,900 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

C.C. Magnum Company LLC Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 46. C.C. Magnum Company LLC Profit Sharing Plan currently has over 300 active participants and over $4.4M in plan assets.

 

 Retirement Plan Details

Address 6105 Chapel Hill Road
Raleigh, NC 27607 
Industry Highway, Street, and Bridge Construction
Administrator Brent Wood
Net Plan Assets $4,420,000
Total Participants 380
Avg Account Balance $12,000

 Top 3 Funds in this 401k

1. American Funds Money Market 20%
2. American Funds Fundamental Investors 18%
3. American Funds EuroPacific Growth 17%

  Plan Service Providers

Recordkeeper Ascensus, Inc.
Auditor Koonce Wooten & Haywood, LLP

 Comments