Higdon Furniture Company
38
Plan:
Higdon Furniture Company Profit Sharing Plan
3
55
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (38) and the top rated plan (77) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $260,900 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
Higdon Furniture Company Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 38. This plan is in the top 15% of plans for Investment Menu Quality. Higdon Furniture Company Profit Sharing Plan currently has over 100 active participants and over $659.9K in plan assets.
Retirement Plan Details
| Address |
Po Box 1739
Quincy, FL 32353-1739 |
| Industry | Manufacturing |
| Administrator | Joseph W. Higdon, Jr. |
| Sponsor | Josaph W. Higdon, Jr. |
| Net Plan Assets | $660,000 |
| Total Participants | 140 |
| Avg Account Balance | $4,600 |
Compare Other Companies in Peer Group
| Genesis Innovations, LLC | 58.8 |
| Spears Mattress Company | 54.0 |
| Brandrud Furniture | 51.5 |
| Perdues | 46.8 |
| Taylor Lumber | 42.0 |
| North Carolina Lumber Company | 24.6 |
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