Hanover Prest-Paving Company
56
Plan:
Hanover Prest-Paving Co. Money Purchase Plan
31
61
81
0
10
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100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (56) and the top rated plan (81) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $201,300 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
Hanover Prest-Paving Co. Money Purchase Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Company Generosity and Total Plan Cost. Hanover Prest-Paving Co. Money Purchase Plan currently has over 100 active participants and over $6.9M in plan assets.
Retirement Plan Details
| Address |
5000 Hanover Rd
Hanover, PA 17331 |
| Industry | Manufacturing |
| Administrator | Christine Repasky |
| Net Plan Assets | $6,920,000 |
| Total Participants | 130 |
| Avg Account Balance | $58,000 |
Compare Other Companies in Peer Group
| Joseph P. Carrara & Sons | 66.9 |
| Texas-Lehigh Cement Company LP | 66.7 |
| Mitsubishi Cement | 60.8 |
| Buckeye Ready Mix | 59.2 |
| High Grade Materials Company | 54.7 |
| Brown-Wilbert | 48.2 |
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