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Company:
Magbee Bros. Lumber and Supply Company, Inc.
Plan:
Magbee Bros. Lumber and Supply Company, Inc.
 

Magbee Bros. Lumber and Supply Company, Inc.

61 Plan: Magbee Bros. Lumber and Supply Company, Inc.

 
 
61
38
58
79
0
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100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (61) and the top rated plan (79) could equate to:
[How is this calculated?]
7 additional years of work
Up to $107,600 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

Magbee Bros. Lumber and Supply Company, Inc. is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Participation Rate. Magbee Bros. Lumber and Supply Company, Inc. currently has over 100 active participants and over $4.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
29
Plan Average: 24
Top 3 Funds in this 401k
1. Principal Money Market 14%
2. Principal Guaranteed Interest Account 9%
3. Principal US Property 8%

 Retirement Plan Details

Address 1065 Bankhead Hwy
Winder, GA 30680-8415 
Industry Other Building Material Dealers
Administrator Robert G. Mogbee
Sponsor Robert G. Mogbee, Trustee
Net Plan Assets $4,570,000
Total Participants 150
Avg Account Balance $32,000

  Plan Service Providers

Auditor Mcclellan, Rowland, Allen & Co. LLC
Investment Adviser Morgan Keegan & Company, Inc.
Insurance Carrier Principal Financial Group

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