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Company:
Superior Machine Company of South Carolina, Inc.
Plan:
Superior Machine Company of SC, Inc. Savings Incentive Plan
 

Superior Machine Company of South Carolina, Inc.

48 Plan: Superior Machine Company of SC, Inc. Savings Incentive Plan

 
 
48
27
64
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (48) and the top rated plan (87) could equate to:
[How is this calculated?]
20 additional years of work
Up to $235,100 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

Superior Machine Company of SC, Inc. Savings Incentive Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. Superior Machine Company of SC, Inc. Savings Incentive Plan currently has over 100 active participants and over $4.1M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 5419
Florence, SC 29502 
Industry Manufacturing
Administrator Catherine Allen
Net Plan Assets $4,080,000
Total Participants 160
Avg Account Balance $25,000

 Compare Other Companies in Peer Group

ViaSat 81.0
Ushio America 70.5
Getman 62.0
Columbus McKinnon 55.4
Maury Microwave Corporation USA 50.7
Key West Boats 44.1

 Top 3 Funds in this 401k

1. Wells Fargo Stable Value 62%
2. Wells Fargo Enhanced Stock Market Fund 16%
3. Participant Loans 6%

  Plan Service Providers

Corporate Trustee Wells Fargo (Wachovia)
Recordkeeper Wells Fargo (Wachovia)
Auditor Cherry, Bekaert & Holland, LLP

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