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Company:
M & D Mechanical Contractors, Inc.
Plan:
M & D Mechanical Contractors, Inc. 401k Salary Reduction Plan
 

M & D Mechanical Contractors, Inc.

58 Plan: M & D Mechanical Contractors, Inc. 401k Salary Reduction Plan

 
 
58
31
56
82
0
10
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30
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60
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100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (58) and the top rated plan (82) could equate to:
[How is this calculated?]
11 additional years of work
Up to $187,700 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

M & D Mechanical Contractors, Inc. 401k Salary Reduction Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Company Generosity, Investment Menu Quality, and Salary Deferral. M & D Mechanical Contractors, Inc. 401k Salary Reduction Plan currently has over 100 active participants and over $3.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
54
Plan Average: 24
Top 3 Funds in this 401k
1. Lincoln Financial Guaranteed Account 17%
2. Lincoln Financial Government/Corporate Bond (SA12) 14%
3. Lincoln Financial Short Term (SA14) 10%

 Retirement Plan Details

Address P.O. Box 2629
Decatur, AL 35602 
Industry Plumbing, Heating, and Air-Conditioning Contractors
Administrator Alan B. Schollian
Net Plan Assets $3,610,000
Total Participants 120
Avg Account Balance $43,000

  Plan Service Providers

Insurance Carrier Lincoln Financial
Insurance Advisor/Broker Ohio National Life
Insurance Advisor/Broker William Hudspeth, Sr
Administration Lincoln Financial
Recordkeeper Ascensus, Inc.
Auditor Dent, Baker & Company, LLP

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