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Company:
West Electric Group, Inc.
Plan:
West Electric Group, Inc. 401k Plan
 

West Electric Group, Inc.

48 Plan: West Electric Group, Inc. 401k Plan

 
 
48
17
61
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 38 point difference between this plan's BrightScope Rating (48) and the top rated plan (86) could equate to:
[How is this calculated?]
17 additional years of work
Up to $260,900 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

West Electric Group, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. This plan is in the top 15% of plans for Investment Menu Quality. West Electric Group, Inc. 401k Plan currently has over 100 active participants and over $1.9M in plan assets.

 

 Retirement Plan Details

Address 3270 Filmore Ridge Heights
Colorado Springs, CO 80907-9022 
Industry Electrical Contractors and Other Wiring Installation Contractors
Administrator Mike Wenner
Net Plan Assets $1,930,000
Total Participants 200
Avg Account Balance $10,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Growth 52%
2. John Hancock Funds II Lifestyle Balanced 15%
3. Participant Loans 4%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Morgan Stanley Smith Barney
Auditor Ssa P.C.
Recordkeeper John Hancock

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