Freeman Gas & Electric, Inc.
50
Plan:
Freeman Gas & Electric, Inc. 401K Salary Reduction Plan
7
59
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (50) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $217,500 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
Freeman Gas & Electric, Inc. 401K Salary Reduction Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Total Plan Cost. Freeman Gas & Electric, Inc. 401K Salary Reduction Plan currently has over 100 active participants and over $4.2M in plan assets.
Retirement Plan Details
| Address |
Po Box 4366
Spartanburg, SC 29305-4366 |
| Industry | Liquefied Petroleum Gas (Bottled Gas) Dealers |
| Administrator | Judith P. Mcbride |
| Net Plan Assets | $4,190,000 |
| Total Participants | 190 |
| Avg Account Balance | $24,000 |
Compare Other Companies in Peer Group
| Main Brothers Oil Company | 64.9 |
| The Fitzpatrick Companies | 60.4 |
| Peruvian Connection, Ltd | 58.5 |
| Herrschners | 48.8 |
| Pikes Peak Direct Marketing | 45.1 |
| Laurel Foodsystems | 44.3 |
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