Contec, Inc.
69
Plan:
Contec, Inc. 401k Profit Sharing Plan
45
73
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (69) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $167,100 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
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 $11.5M in plan assets.
Retirement Plan Details
| Address |
525 Locust Grv
Spartanburg, SC 29303 |
| Industry | Manufacturing |
| Administrator | Elaine Smith |
| Net Plan Assets | $11,500,000 |
| Total Participants | 230 |
| Avg Account Balance | $50,000 |
Compare Other Companies in Peer Group
| Buckeye International | 71.1 |
| Hillyard | 70.5 |
| Vee Pak | 66.2 |
| Auto Chlor Services, LLC | 63.8 |
| United Laboratories | 62.4 |
| Share | 55.9 |
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