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Company:
Varmicon Partnership, LTD.
Plan:
The Varmicon Industries 401k Plan and Trust
 

Varmicon Partnership, LTD.

47 Plan: The Varmicon Industries 401k Plan and Trust

 
 
47
3
59
82
0
10
20
30
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50
60
70
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90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (47) and the top rated plan (82) could equate to:
[How is this calculated?]
16 additional years of work
Up to $268,600 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

The Varmicon Industries 401k Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 47. This plan is in the top 15% of plans for Investment Menu Quality. The Varmicon Industries 401k Plan and Trust currently has over 100 active participants and over $4.2M in plan assets.

 

 Retirement Plan Details

Address Po Box 531808
Harlingen, TX 78553-1808 
Industry Manufacturing
Administrator Dan Dill
Net Plan Assets $4,200,000
Total Participants 120
Avg Account Balance $35,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 33%
2. John Hancock Funds II Lifestyle Moderate 19%
3. John Hancock Funds II Lifestyle Conservative 15%

  Plan Service Providers

Auditor Akin Doherty Klein & Feuge
Insurance Carrier John Hancock
Insurance Advisor/Broker Morgan Stanley Smith Barney

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