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

H.O. Penn Machinery Company, Inc.

80 Plan:

 
 
80
37
64
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (80) and the top rated plan (87) could equate to:
[How is this calculated?]
5 additional years of work
Up to $63,900 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.

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 Plan Component Ratings

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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 80, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Salary Deferral. H.O. Penn 401k & Profit Sharing Plan and Trust currently has over 200 active participants and over $31.4M in plan assets.

 Retirement Plan Details

Address 122 Noxon Road
Poughkeepsie, NY 12603 
Industry Wholesale Trade
Administrator Janice A. Gilligan
Sponsor Janice A Gilligan
Net Plan Assets $31,400,000
Total Participants 270
Avg Account Balance $120,000

 Compare Other Companies in Peer Group

Cummins-Wagner Co. 81.6
Oerlikon Textile 76.3
Cummins Central Power, LLC 74.5
Equipment Depot Ohio 63.6
Giles & Ransome 63.6
The Halton Company 62.4

 Top 3 Funds in this 401k

1. Prudential Guaranteed Income Fund 38%
2. Prudential Retirement Goal 2030 7%
3. PIMCO Total Return 7%

  Plan Service Providers

Insurance Carrier Prudential
Recordkeeper Prudential
Auditor Tarlow & Co., CPAS

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