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Company:
H.O. Penn Machinery Company, Inc.
Plan:
H.O. Penn 401k & Profit Sharing Plan and Trust
 

H.O. Penn Machinery Company, Inc.

74 Plan:

 
 
74
45
66
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (74) and the top rated plan (84) could equate to:
[How is this calculated?]
6 additional years of work
Up to $29,900 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

H.O. Penn 401k & Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Account Balances and Participation Rate. H.O. Penn 401k & Profit Sharing Plan and Trust currently has over 200 active participants and over $35.3M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 122 Noxon Road
Poughkeepsie, NY 12603 
Industry Wholesale Trade
Administrator Susan Steffanci
Net Plan Assets $35,300,000
Total Participants 260
Avg Account Balance $140,000

 Compare Other Companies in Peer Group

Cummins-Wagner Co. 82.4
Employee Owned Holdings 80.7
Husky Injection Molding System 78.3
Katun 74.8
Cummins West 72.7
Bramco 67.5

 Top 3 Funds in this 401k

1. Prudential Guaranteed Income Fund 34%
2. PIMCO Total Return 7%
3. Prudential Retirement Goal 2030 7%

  Plan Service Providers

Insurance Carrier Prudential
Auditor Tarlow & Co., CPAS

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