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Company:
Hocon Gas Company, Inc.
Plan:
Employee 401k Plan
 

Hocon Gas Company, Inc.

67 Plan: Employee 401k Plan

 
 
67
34
57
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (67) and the top rated plan (84) could equate to:
[How is this calculated?]
9 additional years of work
Up to $76,300 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

Employee 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity and Participation Rate. Employee 401k Plan currently has over 100 active participants and over $7.2M in plan assets.

 

 Retirement Plan Details

Address 6 Armstrong Road, Suite3
Shelton, CT 06484 
Industry Liquefied Petroleum Gas (Bottled Gas) Dealers
Administrator David Gable
Net Plan Assets $7,160,000
Total Participants 140
Avg Account Balance $52,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Growth 21%
2. John Hancock Funds II Lifestyle Balanced 17%
3. John Hancock Stable Value Fund 10%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Signator Investors, Inc.
Auditor Cohen, Burger, Schwartz & Sax, LLC

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