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Company:
Hank's Furniture, Inc.
Plan:
Hank's Furniture, Inc. 401k Profit Sharing Plan
 

Hank's Furniture, Inc.

59 Plan: Hank's Furniture, Inc. 401k Profit Sharing Plan

 
 
59
22
56
75
0
10
20
30
40
50
60
70
80
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100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (59) and the top rated plan (75) could equate to:
[How is this calculated?]
7 additional years of work
Up to $84,800 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

Hank's Furniture, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Account Balances and Total Plan Cost. Hank's Furniture, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $6.7M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 5708 Warden Rd
Sherwood, AR 72120-6070 
Industry Furniture Stores
Administrator Terri Schichtl
Net Plan Assets $6,740,000
Total Participants 180
Avg Account Balance $37,000

 Compare Other Companies in Peer Group

OEC Business Interiors 67.5
Wayside Furniture 63.5
Intereum 63.4
Carol House Furniture 59.1
Smith Brothers of Berne 54.3
Gardiners Home Furnishing Center 50.2

 Top 3 Funds in this 401k

1. Thornburg International Value 17%
2. American Funds American Balanced 13%
3. American Funds Growth Fund of America 10%

  Plan Service Provider

Auditor Arthur Hart & Co., P.A.

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