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Company:
National Spinning Co., Inc.
Plan:
National Spinning Co., Inc. Profit Sharing and 401k Plan and Trust
 

National Spinning Co., Inc.

45 Plan:

 
 
45
10
58
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 45 point difference between this plan's BrightScope Rating (45) and the top rated plan (90) could equate to:
[How is this calculated?]
22 additional years of work
Up to $337,200 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

National Spinning Co., Inc. Profit Sharing and 401k Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 45. This plan is in the top 35% of plans for Total Plan Cost. National Spinning Co., Inc. Profit Sharing and 401k Plan and Trust currently has over 700 active participants and over $11.4M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
28
Plan Average: 24
Top 3 Funds in this 401k
1. Fidelity Freedom 2015 25%
2. Fidelity Freedom 2025 14%
3. Fidelity Freedom 2020 8%

 
Plan Component Ratings

 Retirement Plan Details

Address 1481 West 2nd Street
Washington, NC 27889 
Industry Manufacturing
Administrator Linda Fanton
Net Plan Assets $11,400,000
Total Participants 770
Avg Account Balance $21,000

  Plan Service Providers

Investment Adviser Bank of America Merrill Lynch
Auditor McGladrey

 Comments