Home  >   401k Directory   >   Modern Machine & Metal Fabricators, Inc.
 
Company:
Modern Machine & Metal Fabricators, Inc.
Plan:
Modern Machine & Metal Fabricators, Inc. Profit-Sharing Plan
 

Modern Machine & Metal Fabricators, Inc.

36 Plan: Modern Machine & Metal Fabricators, Inc. Profit-Sharing Plan

 
 
36
27
59
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 52 point difference between this plan's BrightScope Rating (36) and the top rated plan (88) could equate to:
[How is this calculated?]
25 additional years of work
Up to $315,500 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

Modern Machine & Metal Fabricators, Inc. Profit-Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 36. This plan is in the top 35% of plans for Participation Rate. Modern Machine & Metal Fabricators, Inc. Profit-Sharing Plan currently has over 100 active participants and over $4.4M in plan assets.

 

 Retirement Plan Details

Address 3201 Centre Park Blvd.
Winston-Salem, NC 27107-4570 
Industry Manufacturing
Administrator W. Avalon Potts
Net Plan Assets $4,380,000
Total Participants 140
Avg Account Balance $25,000

 Top 3 Funds in this 401k

1. MassMutual Select Destination Retirement 2020 35%
2. First Citizens Bank Pooled Stock Fund 24%
3. MassMutual Select Destination Retirement Income 16%

  Plan Service Providers

Insurance Carrier MassMutual
Auditor Cannon & Company
Insurance Advisor/Broker Christopher Harding
Insurance Advisor/Broker D. L. Davis & Co., Inc.

 Comments