Southern Fastening Systems, Inc.
56
Plan:
Southern Fastening Systems, Inc. 401k Plan
14
55
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (56) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $144,900 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
Southern Fastening Systems, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Investment Menu Quality. Southern Fastening Systems, Inc. 401k Plan currently has over 400 active participants and over $11.4M in plan assets.
Retirement Plan Details
| Address |
635 Fairgrounds Road
Muscle Shoals, AL 35661-3598 |
| Industry | Other Building Material Dealers |
| Administrator | Joe Mckinney |
| Net Plan Assets | $11,400,000 |
| Total Participants | 460 |
| Avg Account Balance | $25,000 |
Compare Other Companies in Peer Group
| Southfield | 66.0 |
| Spahn & Rose Lumber Co. | 58.1 |
| Puckett Machinery Company | 57.0 |
| Lampert Yards | 56.5 |
| Golden State Lumber | 52.5 |
| New England Building Materials, LLC | 49.5 |
Comments