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Company:
Hammond Lumber Company
Plan:
Hammond Lumber Company 401k Plan
 

Hammond Lumber Company

61 Plan: Hammond Lumber Company 401k Plan

 
 
61
17
54
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (61) and the top rated plan (84) could equate to:
[How is this calculated?]
11 additional years of work
Up to $193,000 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

Hammond Lumber Company 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Hammond Lumber Company 401k Plan currently has over 300 active participants and over $15.1M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
29
Plan Average: 24
Top 3 Funds in this 401k
1. Sentry Life Guaranteed Account 32%
2. Sentry Life LifeCycle LC 6%
3. Sentry Life LifeCycle LD 5%

 Retirement Plan Details

Address Po Box 500
Belgrade, ME 04917 
Industry Home Centers
Administrator Kristie Gagas
Net Plan Assets $15,100,000
Total Participants 330
Avg Account Balance $47,000

 Compare Other Companies in Peer Group

Hawaii Planing Mill, Ltd. 66.5
Miller Paint Company 62.1
Wilco Farmers 57.7
Your Building Centers 56.0
R.P. Lumber Co. 53.9
The Lester Group 51.9

  Plan Service Providers

Insurance Carrier Sentry Insurance
Insurance Advisor/Broker Thomas Barton
Auditor Albin Randall & Bennett

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