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Company:
Teca, Inc.
Plan:
Teca, Inc. Employee Stock Ownership Plan
 

Teca, Inc.

62 Plan:

 
 
62
4
55
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (62) and the top rated plan (79) could equate to:
[How is this calculated?]
8 additional years of work
Up to $89,900 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

Teca, Inc. Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and ESOP component. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Teca, Inc. Employee Stock Ownership Plan currently has over 200 active participants and over $2.9M in plan assets.

 

 Retirement Plan Details

Address 1804 Cargo Ct
Louisville, KY 40299-1955 
Industry Beauty Salons
Administrator Glen O. Adams
Sponsor Glen O. Adama
Net Plan Assets $2,910,000
Total Participants 270
Avg Account Balance $13,000

 Top 2 Funds in this 401k

1. Teca, Inc. Common Stock 92%
2. Cash and Cash Equivalents 7%

  Plan Service Provider

Auditor Mather & Co. CPAs, LLC

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