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

Summers-Taylor, Inc.

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

 
 
49
12
58
84
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 (49) and the top rated plan (84) could equate to:
[How is this calculated?]
15 additional years of work
Up to $257,100 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

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 49. This plan is in the top 35% of plans for Investment Menu Quality. Summers-Taylor, Inc. 401k Retirement Plan currently has over 300 active participants and over $4.1M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
16
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. American Funds Growth Fund of America 29%
2. American Funds Washington Mutual 16%
3. Franklin Templeton Growth Allocation 14%

 Retirement Plan Details

Address 300 West Elk Avenue
Elizabethton, TN 37643 
Industry Highway, Street, and Bridge Construction
Administrator Fred Smith
Net Plan Assets $4,120,000
Total Participants 330
Avg Account Balance $22,000

 Compare Other Companies in Peer Group

Fann Contracting 50.9
Jones Bros. 46.5
C.C. Magnum Company LLC 46.2
Riverside Contracting 44.5
Boggs Paving 41.7
Concrete Express 35.8

  Plan Service Providers

Insurance Carrier Hartford
Insurance Advisor/Broker UVEST Financial Services
Recordkeeper Hartford
Auditor Davidson, Golden & Lundy, P.C.

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