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Company:
Averitt Express, Inc.
Plan:
Averitt Express, Inc. Profit Sharing and 401k Plan
 

Averitt Express, Inc.

66 Plan: Averitt Express, Inc. Profit Sharing and 401k Plan

 
 
66
29
57
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (66) and the top rated plan (91) could equate to:
[How is this calculated?]
15 additional years of work
Up to $152,600 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

Averitt Express, Inc. Profit Sharing and 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Averitt Express, Inc. Profit Sharing and 401k Plan currently has over 7,600 active participants and over $217.1M in plan assets.


 Investment Menu Statistics

No. of Investment Options
11
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. IBEW High Voltage Balanced 36%
2. Wells Fargo Stable Return Trust 12%
3. MFS Value 10%

 Retirement Plan Details

Address Po Box 3166
1415 Neal Street
Cookeville, TN 38502 
Industry Transportation and Warehousing
Administrator George Johnson
Net Plan Assets $217,000,000
Total Participants 7,600
Avg Account Balance $29,000

  Plan Service Providers

Corporate Trustee Bank of America Merrill Lynch
Recordkeeper Bank of America Merrill Lynch
Auditor Duncan, Wheeler & Wilkerson