Southco Industries, Inc.
38
Plan:
Mid South Management, Inc./Southco Industries, Inc. 401k Profit Sharing Plan
27
57
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 44 point difference between this plan's BrightScope Rating (38) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
20 additional years of work Up to $257,200 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
Mid South Management, Inc./Southco Industries, 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 38. This plan is in the top 35% of plans for Investment Menu Quality. Mid South Management, Inc./Southco Industries, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $1.2M in plan assets.
Retirement Plan Details
| Address |
1840 East Dixon Blvd.
Shelby, NC 28152 |
| Industry | Manufacturing |
| Administrator | Dennis Goforth |
| Net Plan Assets | $1,180,000 |
| Total Participants | 110 |
| Avg Account Balance | $11,000 |
Compare Other Companies in Peer Group
| Tech-Etch | 65.1 |
| Steelcase | 64.7 |
| AZZ | 61.7 |
| Rocky Mountain Chocolate Factory | 56.9 |
| Holiday Wholesale | 54.6 |
| Flynn Enterprises, LLC | 38.0 |
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