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Company:
Lockwood Industries, Inc.
Plan:
Lockwood Industries, Inc. 401k Profit Sharing Plan
 

Lockwood Industries, Inc.

50 Plan: Lockwood Industries, Inc. 401k Profit Sharing Plan

 
 
50
3
57
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (50) and the top rated plan (86) could equate to:
[How is this calculated?]
17 additional years of work
Up to $247,700 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

Lockwood Industries, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Investment Menu Quality. Lockwood Industries, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $1.7M in plan assets.

 

 Retirement Plan Details

Address 28525 Industry Dr
Valencia, CA 91355-5424 
Industry Manufacturing
Administrator Bobbi L. Rose
Sponsor Noel C. Tucker
Net Plan Assets $1,740,000
Total Participants 150
Avg Account Balance $12,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 21%
2. John Hancock Funds II Lifestyle Aggressive 11%
3. John Hancock Money Market 9%

  Plan Service Providers

Auditor Hedman & Associates, CPAs
Recordkeeper John Hancock
Insurance Carrier John Hancock
Administration Qualified Benefits, Inc.
Insurance Advisor/Broker Morgan Stanley Smith Barney
Insurance Advisor/Broker DWS

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