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Company:
Somerset Hardwood Flooring, Inc.
Plan:
Somerset Wood Products Employee Retirement Plan
 

Somerset Hardwood Flooring, Inc.

45 Plan: Somerset Wood Products Employee Retirement Plan

 
 
45
28
56
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (45) and the top rated plan (79) could equate to:
[How is this calculated?]
15 additional years of work
Up to $214,000 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

Somerset Wood Products Employee Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 45. Somerset Wood Products Employee Retirement Plan currently has over 600 active participants and over $5.3M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 70 W Racetrack Rd
Somerset, KY 42503-3934 
Industry Manufacturing
Administrator Timothy V. Bullock
Sponsor Stephen D. Merrick
Net Plan Assets $5,300,000
Total Participants 630
Avg Account Balance $8,500

 Compare Other Companies in Peer Group

U.S. Home Systems 53.5
Rayonier 52.8
W. W. Wood Products 52.1
Comark Building Systems 50.1
Excel Homes LLC 49.3
S & K Industries 38.1

 Top 3 Funds in this 401k

1. Fidelity Managed Income Portfolio 45%
2. Fidelity Low-Priced Stock 14%
3. Fidelity Export & Multinational 5%

  Plan Service Providers

Auditor Crowe Horwath LLP
Recordkeeper Fidelity

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