Hood Industries, Inc.
49
Plan:
Hood Industries Retirement and Savings Plan
11
67
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (49) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $274,900 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
Hood Industries Retirement and Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 49. This plan is in the top 35% of plans for Investment Menu Quality. Hood Industries Retirement and Savings Plan currently has over 1,000 active participants and over $30.8M in plan assets.
Retirement Plan Details
| Address |
15 Professional Parkway
Hattiesburg, MS 39402-2647 |
| Industry | Manufacturing |
| Administrator | Terry Lawhead |
| Net Plan Assets | $30,800,000 |
| Total Participants | 1,100 |
| Avg Account Balance | $29,000 |
Compare Other Companies in Peer Group
| Norbord Panels USA | 66.6 |
| Marshfield DoorSystems | 66.4 |
| Roy O. Martin Lumber Co., LLC | 61.4 |
| Boise Cascade L.L.C. | 60.4 |
| Woodcraft Industries | 59.6 |
| The Langdale Company | 49.8 |
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