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Company:
Townsend Leather Company, Inc.
Plan:
Townsend Leather Co., Inc. 401k Retirement Profit Sharing Plan
 

Townsend Leather Company, Inc.

64 Plan: Townsend Leather Co., Inc. 401k Retirement Profit Sharing Plan

 
 
64
3
55
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (64) and the top rated plan (78) could equate to:
[How is this calculated?]
6 additional years of work
Up to $120,200 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

Townsend Leather Co., Inc. 401k Retirement Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Company Generosity, Participation Rate, and Total Plan Cost. Townsend Leather Co., Inc. 401k Retirement Profit Sharing Plan currently has over 100 active participants and over $3.9M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 45 Townsend Ave 49
Johnstown, NY 12095-1004 
Industry Leather and Hide Tanning and Finishing
Administrator Mark Farrington
Net Plan Assets $3,890,000
Total Participants 150
Avg Account Balance $27,000

 Compare Other Companies in Peer Group

Seton Company 66.7
Dansko 61.4
Everett Smith Group, Ltd. 57.0
Irving Tanning Co. 56.1
Acushnet Company 50.7
CNI 35.1

 Top 3 Funds in this 401k

1. American Funds Capital World Growth and Income 18%
2. American Funds Income Fund of America 15%
3. American Funds Growth Fund of America 14%

  Plan Service Provider

Auditor Philip Beckett CPA, P.C.

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