Singer Sewing Company
79
Plan:
SVP Worldwide 401k Plan
39
65
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (79) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $96,600 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
SVP Worldwide 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Participation Rate, and Total Plan Cost. SVP Worldwide 401k Plan currently has over 100 active participants and over $8.2M in plan assets.
Retirement Plan Details
| Address |
1224 Heil Quaker Blvd
La Vergne, TN 37086-3515 |
| Industry | Wholesale Trade |
| Administrator | Cheryl Phillips |
| Sponsor | Mike Simmons |
| Net Plan Assets | $8,210,000 |
| Total Participants | 170 |
| Avg Account Balance | $48,000 |
Compare Other Companies in Peer Group
| Michael Weinig | 75.3 |
| Great Lakes Power Products | 67.8 |
| Air Hydro Power | 66.9 |
| Hydraulic Controls | 66.8 |
| Engman-Taylor Company | 66.5 |
| Monroe Tractor | 59.4 |
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