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Company:
Mohawk Fine Papers, Inc.
Plan:
Mohawk Fine Papers, Inc. Defined Contribution Savings Plan
 

Mohawk Fine Papers, Inc.

75 Plan:

 
 
75
15
64
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (75) and the top rated plan (83) could equate to:
[How is this calculated?]
5 additional years of work
Up to $40,700 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

Mohawk Fine Papers, Inc. Defined Contribution Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Investment Menu Quality and Participation Rate. Mohawk Fine Papers, Inc. Defined Contribution Savings Plan currently has over 400 active participants and over $31.6M in plan assets.

 

 Retirement Plan Details

Address 465 Saratoga Street
Cohoes, NY 12047-4626 
Industry Manufacturing
Administrator Nancy T. Blair
Sponsor Gordon G. Proskine
Net Plan Assets $31,600,000
Total Participants 410
Avg Account Balance $77,000

 Top 3 Funds in this 401k

1. Prudential Guaranteed Income Fund 20%
2. Prudential Jennison Growth 18%
3. Allianz NFJ Dividend Value 11%

  Plan Service Providers

Insurance Carrier Prudential
Insurance Advisor/Broker Wells Fargo (Wachovia)
Recordkeeper Prudential
Auditor KPMG, Llp

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