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

The Hobby Lobby Stores, Inc.

52 Plan:

 
 
52
14
55
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (52) and the top rated plan (84) could equate to:
[How is this calculated?]
15 additional years of work
Up to $167,000 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 52. This plan is in the top 15% of plans for Total Plan Cost. Savings Incentive and Profit Sharing Plan for Employees of The Hobby Lobby Group currently has over 10,500 active participants and over $83.3M in plan assets.

 

 Retirement Plan Details

Address 7707 S.W. 44th Street
Oklahoma City, OK 73179-7804 
Industry Retail Trade
Administrator Suzy Meledeo
Net Plan Assets $83,300,000
Total Participants 11,000
Avg Account Balance $8,200

 Top 3 Funds in this 401k

1. American Funds American Balanced 15%
2. American Funds New Perspective 15%
3. American Funds Investment Company of America 14%

  Plan Service Providers

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

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