Hermann Brothers Logging & Construction
49
Plan:
Hermann Brothers Logging 401k Plan
21
57
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (49) and the top rated plan (80) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $245,600 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
Hermann Brothers Logging 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 49. This plan is in the top 35% of plans for Investment Menu Quality. Hermann Brothers Logging 401k Plan currently has fewer than 100 active participants and over $1.0M in plan assets.
Retirement Plan Details
| Address |
2095 Blue Mountain Rd
Port Angeles, WA 98362-9203 |
| Industry | Logging |
| Administrator | William T. Hermann |
| Net Plan Assets | $1,040,000 |
| Total Participants | 98 |
| Avg Account Balance | $11,000 |
Compare Other Companies in Peer Group
| Wagner Millwork | 63.0 |
| Vaagen Bros. Lumber | 52.6 |
| RY Timber | 52.3 |
| Hardwoods of Michigan | 48.1 |
| Gilbert-N.S. Lumber, L.L.C. | 46.2 |
| Pacific Rim Log Scaling Bureau | 45.8 |
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