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

Hank's Furniture, Inc.

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

 
 
48
23
53
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (48) and the top rated plan (78) could equate to:
[How is this calculated?]
13 additional years of work
Up to $175,200 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

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 48. Hank's Furniture, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $3.9M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
21
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. MetLife Stable Value Fund 15%
2. American Century Strategic Allocation: Aggressive 9%
3. Thornburg International Value 8%

 Retirement Plan Details

Address 5708 Warden Road
Sherwood, AR 72120 
Industry Furniture Stores
Administrator Terri Schichtl
Net Plan Assets $3,910,000
Total Participants 170
Avg Account Balance $41,000

  Plan Service Providers

Recordkeeper Newport Group
Auditor Hart Chandler & Associates

 Comments