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Company:
Texas Honing, Inc.
Plan:
Texas Honing, Inc. 401k Profit Sharing Plan
 

Texas Honing, Inc.

61 Plan: Texas Honing, Inc. 401k Profit Sharing Plan

 
 
61
33
57
81
0
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For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (61) and the top rated plan (81) could equate to:
[How is this calculated?]
10 additional years of work
Up to $97,600 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

Texas Honing, 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 61. This plan is in the top 35% of plans for Investment Menu Quality and Participation Rate. Texas Honing, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $6.0M in plan assets.

 

 Retirement Plan Details

Address 1710 Mykawa Road
Pearland, TX 77581 
Industry Manufacturing
Administrator Jacob Holzknecht
Net Plan Assets $5,970,000
Total Participants 140
Avg Account Balance $42,000

 Top 3 Funds in this 401k

1. ING Fixed Account 22%
2. Fidelity Contrafund 10%
3. ING T. Rowe Price Growth Equity 9%

  Plan Service Providers

Insurance Carrier ING
Insurance Advisor/Broker Lincoln Financial
Recordkeeper ING
Auditor Marty R. Chenault, CPA

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