Fred's, Inc.
42
Plan:
29
54
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (42) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $240,500 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
Fred's, Inc. Salary Reduction Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 42. This plan is in the top 35% of plans for Total Plan Cost. Fred's, Inc. Salary Reduction Profit Sharing Plan currently has over 10,500 active participants and over $20.5M in plan assets.
Retirement Plan Details
| Address |
4300 New Getwell
Memphis, TN 38118 |
| Industry | Retail Trade |
| Administrator | Charles Vail |
| Net Plan Assets | $20,500,000 |
| Total Participants | 11,000 |
| Avg Account Balance | $2,000 |
Compare Other Companies in Peer Group
| The Neiman Marcus Group | 62.1 |
| Fleet Wholesale Supply Co | 54.5 |
| Urban Outfitters | 52.5 |
| Pamida Stores Operating Co. LLC | 49.3 |
| Tractor Supply Company | 48.4 |
| Sears, Roebuck and Co. | 48.1 |
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