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Company:
C. F. Bean, LLC
Plan:
The Bean Companies Performance Savings/401k Plan
 

C. F. Bean, LLC

68 Plan: The Bean Companies Performance Savings/401k Plan

 
 
68
31
60
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (68) and the top rated plan (84) could equate to:
[How is this calculated?]
9 additional years of work
Up to $57,300 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

The Bean Companies Performance Savings/401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 35% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. The Bean Companies Performance Savings/401k Plan currently has over 100 active participants and over $11.7M in plan assets.

 

 Retirement Plan Details

Address 619 Engineers Road
Belle Chasse, LA 70037 
Industry Transportation and Warehousing
Administrator Chris Watters
Net Plan Assets $11,700,000
Total Participants 170
Avg Account Balance $70,000

 Top 3 Funds in this 401k

1. Charles Schwab Stable Value Fund 25%
2. American Funds Washington Mutual 16%
3. American Funds Growth Fund of America 12%

  Plan Service Providers

Corporate Trustee Charles Schwab
Administration Charles Schwab
Recordkeeper Charles Schwab
Auditor Postlethwaite & Netterville

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