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Company:
Food Temps, Inc.
Plan:
Foodstaff Profit Sharing Plan
 

Food Temps, Inc.

25 Plan: Foodstaff Profit Sharing Plan

 
 
25
7
47
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 56 point difference between this plan's BrightScope Rating (25) and the top rated plan (81) could equate to:
[How is this calculated?]
24 additional years of work
Up to $371,500 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

Foodstaff Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 25. This plan is in the top 15% of plans for Participation Rate. Foodstaff Profit Sharing Plan currently has over 100 active participants and over $1.1M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 12850
Charleston, SC 29422 
Industry Accommodation and Food Services
Administrator W. Bailey Bolen
Net Plan Assets $1,130,000
Total Participants 110
Avg Account Balance $10,000

 Top 3 Funds in this 401k

1. UBS Retirement Money Market Fund 75%
2. Total Common Stocks 11%
3. Lord Abbett Mid-Cap Value 5%

  Plan Service Provider

Auditor Clifton D. Bodiford, CPA

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