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Company:
L & M Companies, Inc.
Plan:
L & M Companies, Inc. Profit Sharing and 401k Plan
 

L & M Companies, Inc.

79 Plan: L & M Companies, Inc. Profit Sharing and 401k Plan

 
 
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For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (79) and the top rated plan (88) could equate to:
[How is this calculated?]
7 additional years of work
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

L & M Companies, Inc. Profit Sharing and 401k Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 79, 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 and Company Generosity. L & M Companies, Inc. Profit Sharing and 401k Plan currently has over 100 active participants and over $16.3M in plan assets.

 

 Retirement Plan Details

Address 2925 Huntleigh Dr., Suite 204
Raleigh, NC 27604 
Industry Wholesale Trade
Administrator Jonathan Oxford
Net Plan Assets $16,300,000
Total Participants 180
Avg Account Balance $93,000

 Top 3 Funds in this 401k

1. PIMCO Total Return 16%
2. Vanguard Windsor II 14%
3. Vanguard 500 Index 13%

  Plan Service Providers

Investment Adviser Investment Research & Advisory Group
Consultant Investment Research & Advisory Group
Corporate Trustee BB&T
Consultant BB&T
Auditor Cherry, Bekaert & Holland, LLP

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