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Company:
Hol-Mac Corporation
Plan:
Hol-Mac Corporation Retirement Savings Plan
 

Hol-Mac Corporation

48 Plan: Hol-Mac Corporation Retirement Savings Plan

 
 
48
35
64
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (48) and the top rated plan (82) could equate to:
[How is this calculated?]
16 additional years of work
Up to $220,400 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

Hol-Mac Corporation Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. This plan is in the top 35% of plans for Total Plan Cost. Hol-Mac Corporation Retirement Savings Plan currently has over 400 active participants and over $10.3M in plan assets.

 

 Retirement Plan Details

Address 2740 Hwy 15
P O Box 349
Bay Springs, MS 39422 
Industry Manufacturing
Administrator John Flowers
Net Plan Assets $10,300,000
Total Participants 440
Avg Account Balance $24,000

 Compare Other Companies in Peer Group

Follett 68.6
Buhler Aeroglide 67.1
Mi-T-M 61.5
Nilfisk-Advance 60.8
Superior Industries, L.L.C. 59.7
Feldmeier Equipment 58.8

 Top 3 Funds in this 401k

1. Key Guaranteed Portfolio Fund 58%
2. Participant Loans 7%
3. Maxim Index 600 Portfolio 5%

  Plan Service Providers

Insurance Carrier MetLife
Insurance Carrier Great-West Life
Auditor T. E. Lott & Company

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