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Company:
Contec, Inc.
Plan:
Contec, Inc. 401k Profit Sharing Plan
 

Contec, Inc.

69 Plan: Contec, Inc. 401k Profit Sharing Plan

 
 
69
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71
87
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For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (69) and the top rated plan (87) could equate to:
[How is this calculated?]
10 additional years of work
Up to $145,300 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.

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 Plan Component Ratings

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Retirement Plan Description

Contec, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Investment Menu Quality. Contec, Inc. 401k Profit Sharing Plan currently has over 200 active participants and over $9.4M in plan assets.

 Retirement Plan Details

Address 525 Locust Grove
Spartanburg, SC 29303 
Industry Manufacturing
Administrator Darleen Cassidy
Net Plan Assets $9,430,000
Total Participants 210
Avg Account Balance $45,000

 Compare Other Companies in Peer Group

Buckeye International 69.7
Auto Chlor Services, LLC 66.9
Vee Pak 66.0
United Laboratories 61.4
Canberra 59.9
Thibiant International 58.4

 Top 3 Funds in this 401k

1. BlackRock Global Allocation 11%
2. American Funds Capital World Growth and Income 11%
3. Hartford Life Money Market 10%

  Plan Service Providers

Insurance Carrier Hartford
Insurance Advisor/Broker SBHU Life Agency, Inc.
Auditor Security Financial Resources

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