Hi-Tech Electric, Inc.
64
Plan:
Hi-Tech Electric, Inc. Savings & Investment Plan
17
61
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (64) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $138,200 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
Hi-Tech Electric, Inc. Savings & Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 15% of plans for Total Plan Cost. Hi-Tech Electric, Inc. Savings & Investment Plan currently has over 300 active participants and over $9.7M in plan assets.
Retirement Plan Details
| Address |
11116 W Little York Rd Bldg 8
Houston, TX 77041-5024 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Michael Hodge |
| Net Plan Assets | $9,710,000 |
| Total Participants | 390 |
| Avg Account Balance | $25,000 |
Compare Other Companies in Peer Group
| McBride Electric | 64.4 |
| The Farfield Company | 62.4 |
| Ludvik Electric | 61.5 |
| Moore's Electrical & Mechanical... | 61.0 |
| IBEW - 223 Deferred Income Plan | 49.3 |
| I.B.E.W. Local 855 Money Purchase... | 38.8 |
Comments