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Company:
Summers-Taylor, Inc.
Plan:
Summers-Taylor, Inc. 401k Retirement Plan
 

Summers-Taylor, Inc.

54 Plan: Summers-Taylor, Inc. 401k Retirement Plan

 
 
54
29
60
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (54) and the top rated plan (89) could equate to:
[How is this calculated?]
18 additional years of work
Up to $230,500 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

Summers-Taylor, Inc. 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 54. This plan is in the top 15% of plans for Total Plan Cost. Summers-Taylor, Inc. 401k Retirement Plan currently has over 300 active participants and over $5.6M in plan assets.

 

 Retirement Plan Details

Address 300 W Elk Ave
Elizabethton, TN 37643-2614 
Industry Highway, Street, and Bridge Construction
Administrator Fred Smith
Net Plan Assets $5,550,000
Total Participants 390
Avg Account Balance $14,000

 Top 3 Funds in this 401k

1. American Funds Washington Mutual 27%
2. American Funds Growth Fund of America 23%
3. American Funds Money Market 18%

  Plan Service Provider

Auditor Davidson, Golden & Lundy, P.C.

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