Tietex International, Ltd.
59
Plan:
Tietex International, Ltd. 401k Retirement Savings Plan
10
65
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (59) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $116,500 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
Tietex International, Ltd. 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Tietex International, Ltd. 401k Retirement Savings Plan currently has over 300 active participants and over $18.7M in plan assets.
Retirement Plan Details
| Address |
3010 N Blackstock Road
Po Box 6218 Spartanburg, SC 29304 |
| Industry | Manufacturing |
| Administrator | Reuben L Harris |
| Net Plan Assets | $18,700,000 |
| Total Participants | 400 |
| Avg Account Balance | $47,000 |
Compare Other Companies in Peer Group
| The InterTech Group | 74.2 |
| J. B. Industries | 61.6 |
| Barnhardt Manufacturing Company | 59.3 |
| Stahls | 55.3 |
| Louisville Bedding Company | 52.6 |
| Anchor Industries | 50.4 |
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