Tennessee Rand, Inc.
69
Plan:
Tennessee Rand, Inc. 401k Plan
32
60
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (69) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $120,900 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
Tennessee Rand, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69, 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. Tennessee Rand, Inc. 401k Plan currently has over 200 active participants and over $4.6M in plan assets.
Retirement Plan Details
| Address |
702 Moccasin Bend Rd
Chattanooga, TN 37405-4413 |
| Industry | Manufacturing |
| Administrator | Kenneth D. Baker |
| Net Plan Assets | $4,560,000 |
| Total Participants | 210 |
| Avg Account Balance | $22,000 |
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