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Company:
Monterey Gourmet Foods, Inc.
Plan:
Monterey Gourmet Foods, Inc. 401k Plan
 

Monterey Gourmet Foods, Inc.

57 Plan: Monterey Gourmet Foods, Inc. 401k Plan

 
 
57
20
61
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (57) and the top rated plan (84) could equate to:
[How is this calculated?]
13 additional years of work
Up to $173,500 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

Monterey Gourmet Foods, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. This plan is in the top 35% of plans for Investment Menu Quality. Monterey Gourmet Foods, Inc. 401k Plan currently has over 300 active participants and over $4.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
26
Plan Average: 24
Top 3 Funds in this 401k
1. First Mercantile Trust LifeStyle Conservative Growth Strategy 13%
2. First Mercantile Trust LifeStyle Moderate Growth Strategy 12%
3. First Mercantile Trust ABN AMRO 9%

 Retirement Plan Details

Address 1528 Moffett Street
Salinas, CA 93905 
Industry Manufacturing
Administrator Scott Wheeler
Net Plan Assets $4,260,000
Total Participants 370
Avg Account Balance $22,000

  Plan Service Providers

Corporate Trustee First Mercantile
Administration First Mercantile
Recordkeeper First Mercantile
Auditor Thompson Dunavant Plc

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