Hanover Direct, Inc.
68
Plan:
Hanover Direct, Inc. Savings and Retirement Plan
68
32
58
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (68) and the top rated plan (84) could equate to:
[How is this calculated?]
9 additional years of work
Up to $48,700 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.
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Retirement Plan Description
Hanover Direct, Inc. Savings and Retirement Plan is a defined contribution plan with a stock bonus component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Company Generosity. Hanover Direct, Inc. Savings and Retirement Plan currently has over 1,600 active participants and over $23.4M in plan assets.
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