I.M.G. Enterprise, Inc.
42
Plan:
Cherry Lake Farms 401k Plan
4
57
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 42 point difference between this plan's BrightScope Rating (42) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
19 additional years of work Up to $218,700 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
Cherry Lake Farms 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 42. Cherry Lake Farms 401k Plan currently has over 200 active participants and over $1.2M in plan assets.
Retirement Plan Details
| Address |
7836 Cherry Lake Rd
Groveland, FL 34736-9007 |
| Industry | Agriculture, Forestry, Fishing and Hunting |
| Administrator | Tyson Sherman |
| Net Plan Assets | $1,210,000 |
| Total Participants | 300 |
| Avg Account Balance | $4,100 |
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