The Towbes Group, Inc.
73
Plan:
The Towbes Group Salary Savings Plan
38
69
85
0
10
20
30
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50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (73) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $21,800 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
The Towbes Group Salary Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 15% of plans for Total Plan Cost. The Towbes Group Salary Savings Plan currently has over 300 active participants and over $15.4M in plan assets.
Retirement Plan Details
| Address |
21 East Victoria Street Suite 200
Santa Barbara, CA 93101 |
| Industry | Construction |
| Administrator | Robert L. Skinner |
| Net Plan Assets | $15,400,000 |
| Total Participants | 330 |
| Avg Account Balance | $47,000 |
Compare Other Companies in Peer Group
| The Pike Company | 77.1 |
| Lehr Construction | 73.5 |
| Bernards Bros. | 72.8 |
| Knutson Holdings | 72.3 |
| EMJ | 70.0 |
| Bette & Cring, LLC | 60.6 |
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