H & M Construction Company, Inc.
70
Plan:
H & M Construction Company, Inc. Employees Profit Sharing and Retirement Plan
3
59
87
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 (70) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $64,600 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
H & M Construction Company, Inc. Employees Profit Sharing and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Salary Deferral and Total Plan Cost. H & M Construction Company, Inc. Employees Profit Sharing and Retirement Plan currently has over 100 active participants and over $8.7M in plan assets.
Retirement Plan Details
| Address |
50 Security Dr
Jackson, TN 38305-3611 |
| Industry | Construction |
| Administrator | Michael A Farris |
| Net Plan Assets | $8,680,000 |
| Total Participants | 190 |
| Avg Account Balance | $47,000 |
Compare Other Companies in Peer Group
| Spectraserv | 73.0 |
| Major Builders Service | 60.2 |
| Republic Contracting | 55.4 |
| The Deluxe Building Systems | 47.2 |
| Southern Tier Builders Assoc. | 37.8 |
| Trustees Laborers Local 231 Annuity | 25.0 |
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