Home  >   401k Directory   >   Hughes Furniture Industries, Inc.
 
Company:
Hughes Furniture Industries, Inc.
Plan:
Hughes Furniture Industries, Inc. Profit Sharing 401k Plan
 

Hughes Furniture Industries, Inc.

31 Plan: Hughes Furniture Industries, Inc. Profit Sharing 401k Plan

 
 
31
3
55
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 46 point difference between this plan's BrightScope Rating (31) and the top rated plan (77) could equate to:
[How is this calculated?]
19 additional years of work
Up to $327,900 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

Hughes Furniture Industries, Inc. Profit Sharing 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 31. This plan is in the top 15% of plans for Investment Menu Quality. Hughes Furniture Industries, Inc. Profit Sharing 401k Plan currently has over 200 active participants and over $883.5K in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 952 S Stout Rd
Randleman, NC 27317-7638 
Industry Manufacturing
Administrator Linda Hughes-Kendricks
Sponsor Linda Hughes
Net Plan Assets $880,000
Total Participants 260
Avg Account Balance $3,400

 Compare Other Companies in Peer Group

Leland Manufacturing, LLC 53.3
Southern Finishing Co. 48.0
CCAM Enterprises, LLC 46.5
IBC Group 45.6
Flexsteel Industries 36.7
Closet Parent Company 33.1

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 25%
2. John Hancock Guaranteed Interest Accounts 13%
3. John Hancock Funds II Lifestyle Growth 12%

  Plan Service Providers

Insurance Advisor/Broker First National Bank & Trust Company
Auditor Sharrard McGee & Company
Insurance Carrier John Hancock

 Comments