Spencer's TV and Appliance
67
Plan:
Spencer's TV and Appliance 401k Profit Sharing Plan
22
57
78
0
10
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50
60
70
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100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (67) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $63,300 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
Spencer's TV and Appliance 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Total Plan Cost. Spencer's TV and Appliance 401k Profit Sharing Plan currently has over 100 active participants and over $5.1M in plan assets.
Retirement Plan Details
| Address |
525 W 21st St
Tempe, AZ 85282-2027 |
| Industry | Household Appliance Stores |
| Administrator | Richard J Biederbeck |
| Net Plan Assets | $5,070,000 |
| Total Participants | 150 |
| Avg Account Balance | $34,000 |
Compare Other Companies in Peer Group
| Niles Audio | 67.0 |
| Bill Smith | 65.5 |
| Listen Up | 61.4 |
| Famous Tate Electric Company | 59.5 |
| Myer-Emco | 44.2 |
| Vann's | 43.8 |
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