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Company:
Varni Brothers Corporation
Plan:
Varni Brothers 401k Plan
 

Varni Brothers Corporation

53 Plan: Varni Brothers 401k Plan

 
 
53
24
61
85
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (53) and the top rated plan (85) could equate to:
[How is this calculated?]
15 additional years of work
Up to $173,100 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

Varni Brothers 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 35% of plans for Investment Menu Quality. Varni Brothers 401k Plan currently has over 100 active participants and over $1.8M in plan assets.

 

 Retirement Plan Details

Address 400 Hosmer Avenue
Modesto, CA 95351-3920 
Industry Manufacturing
Administrator Anthony J Varni
Net Plan Assets $1,760,000
Total Participants 170
Avg Account Balance $10,000

 Top 3 Funds in this 401k

1. First Mercantile Trust Reed Conner and Birdwell Value 11%
2. First Mercantile Trust ABN AMRO 10%
3. First Mercantile Trust LifeStyle Moderate Growth Strategy 8%

  Plan Service Providers

Auditor David J. Cormia
Investment Adviser Financial Network Investment Corporation
Recordkeeper First Mercantile

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