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Company:
Powell Construction Company, Inc.
Plan:
Savings Plan for Employees of Powell Construction Company, Inc.
 

Powell Construction Company, Inc.

61 Plan:

 
 
61
3
59
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (61) and the top rated plan (87) could equate to:
[How is this calculated?]
14 additional years of work
Up to $122,800 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

Savings Plan for Employees of Powell Construction Company, Inc. is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Investment Menu Quality and Salary Deferral. Savings Plan for Employees of Powell Construction Company, Inc. currently has over 400 active participants and over $10.3M in plan assets.

 

 Retirement Plan Details

Address 3622 Bristol Hwy
Johnson City, TN 37601 
Industry Other Heavy and Civil Engineering Construction
Administrator John Hutchinson
Net Plan Assets $10,300,000
Total Participants 470
Avg Account Balance $22,000

 Compare Other Companies in Peer Group

Batson-Cook Company 66.5
Roy Anderson 62.4
McNational 55.9
Southern Industrial Constructors 54.8
David A. Bramble 54.8
LoJac 54.5

 Top 3 Funds in this 401k

1. Hartford Life Fixed Account 50%
2. BlackRock Large Cap Core 11%
3. Davis New York Venture 10%

  Plan Service Providers

Insurance Carrier Hartford
Insurance Advisor/Broker Network Agency, Inc.
Auditor Rodefer, Moss & Company PLLC

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