Hoover Group, Inc.
67
Plan:
36
59
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (67) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $75,100 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
Hoover Group, Inc. Employees Profit Sharing & Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 35% of plans for Total Plan Cost. Hoover Group, Inc. Employees Profit Sharing & Savings Plan currently has over 100 active participants and over $4.6M in plan assets.
Retirement Plan Details
| Address |
2135 Highway 6 S
Houston, TX 77077-4319 |
| Industry | Manufacturing |
| Administrator | Dawn Pitcock |
| Net Plan Assets | $4,630,000 |
| Total Participants | 120 |
| Avg Account Balance | $38,000 |
Compare Other Companies in Peer Group
| SST Bearing | 67.5 |
| Norfield Industries | 66.6 |
| Auer Precision Company | 64.0 |
| Computer Dynamics | 62.6 |
| Saunders Manufacturing Co. | 60.3 |
| Western Industries | 59.4 |
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