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Company:
Sorensen, Craig F. Construction Inc.
Plan:
Sorensen, Craig F. Construction 401k Retirement Savings Plan
 

Sorensen, Craig F. Construction Inc.

43 Plan: Sorensen, Craig F. Construction 401k Retirement Savings Plan

 
 
43
33
62
84
0
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For the average 401k participant, the 41 point difference between this plan's BrightScope Rating (43) and the top rated plan (84) could equate to:
[How is this calculated?]
18 additional years of work
Up to $223,900 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

Sorensen, Craig F. Construction 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 43. This plan is in the top 15% of plans for Investment Menu Quality. Sorensen, Craig F. Construction 401k Retirement Savings Plan currently has over 400 active participants and over $3.4M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 918 S 2000 W
Syracuse, UT 84075-6926 
Industry Construction
Administrator Craig Sorensen
Net Plan Assets $3,370,000
Total Participants 410
Avg Account Balance $8,200

 Compare Other Companies in Peer Group

Aubrey Silvey Enterprises 74.2
James Construction Group, LLC 63.1
R.H. White Construction Company 61.6
Chapman Construction Co., L.P. 60.8
Gary Merlino Construction Company 50.3
Llano Construction 34.1

 Top 3 Funds in this 401k

1. Principal Guaranteed Interest Account 10%
2. Principal LifeTime 2040 8%
3. Principal LifeTime 2020 6%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker FN Insurance Services, Inc.
Administration Principal Financial Group
Auditor Adams & Petersen, CPAS LLC

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