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Company:
Hamrick Mills
Plan:
Hamrick Mills 401k Profit Sharing Plan
 

Hamrick Mills

53 Plan: Hamrick Mills 401k Profit Sharing Plan

 
 
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84
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For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (53) and the top rated plan (84) could equate to:
[How is this calculated?]
15 additional years of work
Up to $193,000 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

Hamrick Mills 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 15% of plans for Total Plan Cost. Hamrick Mills 401k Profit Sharing Plan currently has over 400 active participants and over $21.1M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 48
Gaffney, SC 29342 
Industry Manufacturing
Administrator David E. Dorman
Net Plan Assets $21,100,000
Total Participants 440
Avg Account Balance $49,000

 Top 3 Funds in this 401k

1. T. Rowe Price Stable Value Fund 34%
2. T. Rowe Price Balanced 7%
3. T. Rowe Price Equity Income 7%

  Plan Service Providers

Corporate Trustee T. Rowe Price
Recordkeeper T. Rowe Price
Auditor Elliott Davis, LLC

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