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Company:
Hobby Lobby Stores, Inc.
Plan:
Savings Incentive and Profit Sharing Plan for Employees of The Hobby Lobby Group
 

Hobby Lobby Stores, Inc.

51 Plan: Savings Incentive and Profit Sharing Plan for Employees of The Hobby Lobby Group

 
 
51
24
54
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (51) and the top rated plan (84) could equate to:
[How is this calculated?]
15 additional years of work
Up to $184,800 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

Savings Incentive and Profit Sharing Plan for Employees of The Hobby Lobby Group is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. This plan is in the top 35% of plans for Total Plan Cost. Savings Incentive and Profit Sharing Plan for Employees of The Hobby Lobby Group currently has over 11,200 active participants and over $87.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
25
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. American Funds American Balanced 16%
2. American Funds Investment Company of America 13%
3. American Funds New Perspective 12%

 Retirement Plan Details

Address 7707 S.W. 44th Street
Oklahoma City, OK 73179-7804 
Industry Retail Trade
Administrator Suzy Meledeo
Net Plan Assets $87,200,000
Total Participants 11,000
Avg Account Balance $20,000

  Plan Service Providers

Recordkeeper Allen, Gibbs, & Houlik, L.C.
Investment Adviser Allen Staples
Auditor Grant Thornton LLP

 Comments