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Company:
Harada Industry of America, Inc.
Plan:
Harada 401K Plan
 

Harada Industry of America, Inc.

65 Plan: Harada 401K Plan

 
 
65
3
59
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (65) and the top rated plan (86) could equate to:
[How is this calculated?]
11 additional years of work
Up to $171,200 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

Harada 401K Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Total Plan Cost. Harada 401K Plan currently has over 100 active participants and over $2.5M in plan assets.

 

 Retirement Plan Details

Address 22925 Venture Dr
Novi, MI 48375-4181 
Industry Manufacturing
Administrator Israel Cruzado
Sponsor Yoichi Hiyama
Net Plan Assets $2,540,000
Total Participants 130
Avg Account Balance $22,000

 Top 3 Funds in this 401k

1. Fidelity Retirement Money Market 18%
2. Fidelity Blue Chip Growth 16%
3. Fidelity Spartan 500 Index 10%

  Plan Service Provider

Auditor Baker Tilly

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