Home  >   401k Directory   >   Bacon Enterprises, Inc.
 
Company:
Bacon Enterprises, Inc.
Plan:
Bacon Enterprises, Inc. and Affiliated Sponsors Profit Sharing Plan
 

Bacon Enterprises, Inc.

50 Plan: Bacon Enterprises, Inc. and Affiliated Sponsors Profit Sharing Plan

 
 
50
3
44
62
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (50) and the top rated plan (62) could equate to:
[How is this calculated?]
5 additional years of work
Up to $76,000 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

Bacon Enterprises, Inc. and Affiliated Sponsors Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Investment Menu Quality. Bacon Enterprises, Inc. and Affiliated Sponsors Profit Sharing Plan currently has over 100 active participants and over $1.8M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
29
Plan Average: 24
Top 3 Funds in this 401k
1. Wells Fargo Advantage Core Equity 29%
2. American Funds New Perspective 9%
3. American Funds Growth Fund of America 9%

 Retirement Plan Details

Address P O Box 1122
2259 N Main Street
Danville, VA 24543 
Industry Accommodation and Food Services
Administrator Bonny B Shelton
Net Plan Assets $1,780,000
Total Participants 160
Avg Account Balance $11,000

  Plan Service Providers

Administration Gillespie and Company
Auditor Harris, Harvey, Neal & Co. LLC

 Comments