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Company:
Hanover Consumer Cooperative Society, Inc.
Plan:
Hanover Consumer Cooperative Society, Inc. Progress Sharing Plan & Trust
 

Hanover Consumer Cooperative Society, Inc.

59 Plan: Hanover Consumer Cooperative Society, Inc. Progress Sharing Plan & Trust

 
 
59
24
54
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (59) and the top rated plan (80) could equate to:
[How is this calculated?]
12 additional years of work
Up to $105,800 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

Hanover Consumer Cooperative Society, Inc. Progress Sharing Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Hanover Consumer Cooperative Society, Inc. Progress Sharing Plan & Trust currently has over 400 active participants and over $5.1M in plan assets.

 

 Retirement Plan Details

Address P. O. Box 633
Hanover, NH 03755-0633 
Industry Supermarkets and Other Grocery (except Convenience) Stores
Administrator Roy Raven
Net Plan Assets $5,120,000
Total Participants 410
Avg Account Balance $13,000

 Compare Other Companies in Peer Group

Dan's Super Market 49.9
Town & Country Supermarkets 49.7
Skico 45.3
Butera Finer Foods 42.1
Dekalb Farmers Market 37.1
Marketplace Foods 34.8

 Top 3 Funds in this 401k

1. American Funds Investment Company of America 18%
2. American Funds American Balanced 18%
3. American Funds Income Fund of America 14%

  Plan Service Provider

Auditor Hession & Pare. Pc

 Comments