Home  >   401k Directory   >   Hancock Fabrics, Inc.
 
Company:
Hancock Fabrics, Inc.
Plan:
Hancock Fabrics, Inc. Retirement Savings Plan
 

Hancock Fabrics, Inc.

47 Plan: Hancock Fabrics, Inc. Retirement Savings Plan

 
 
47
10
67
83
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 (47) and the top rated plan (83) could equate to:
[How is this calculated?]
16 additional years of work
Up to $270,200 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

Hancock Fabrics, Inc. Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 47. This plan is in the top 35% of plans for Investment Menu Quality and Total Plan Cost. Hancock Fabrics, Inc. Retirement Savings Plan currently has over 2,100 active participants and over $17.1M in plan assets.

 

 Retirement Plan Details

Address One Fashion Way
Baldwyn, MS 38824 
Industry Manufacturing
Administrator James M. Britz
Net Plan Assets $17,100,000
Total Participants 2,200
Avg Account Balance $7,900

 Top 3 Funds in this 401k

1. BlackRock Basic Value 35%
2. Bank of America Retirement Preservation Trust 23%
3. Victory Diversified Stock 7%

  Plan Service Providers

Recordkeeper Bank of America Merrill Lynch
Auditor Burr Pilger Mayer, Inc.

 Comments