Southern Multifoods, Inc.
53
Plan:
Southern Multifoods, Inc. and Affiliates 401k Plan
3
46
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (53) and the top rated plan (76) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $113,400 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
Southern Multifoods, Inc. and Affiliates 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 35% of plans for Investment Menu Quality. Southern Multifoods, Inc. and Affiliates 401k Plan currently has over 500 active participants and over $2.6M in plan assets.
Retirement Plan Details
| Address |
101 E Cherokee St
Jacksonville, TX 75766-4807 |
| Industry | Accommodation and Food Services |
| Administrator | Robert Cudd |
| Net Plan Assets | $2,580,000 |
| Total Participants | 540 |
| Avg Account Balance | $4,900 |
Compare Other Companies in Peer Group
| Abby's | 59.1 |
| MRCO, LLC and Affiliated Employers | 48.5 |
| The Traditional Bakery | 47.0 |
| Lunan | 46.6 |
| Restaurant Management Group | 42.9 |
| Barrand | 42.6 |
Comments