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Company:
American Communications Network, Inc.
Plan:
American Communications Network, Inc. Employees Savings and Retirement Plan
 

American Communications Network, Inc.

61 Plan: American Communications Network, Inc. Employees Savings and Retirement Plan

 
 
61
27
68
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (61) and the top rated plan (91) could equate to:
[How is this calculated?]
18 additional years of work
Up to $156,900 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

American Communications Network, Inc. Employees Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Salary Deferral and Total Plan Cost. American Communications Network, Inc. Employees Savings and Retirement Plan currently has over 800 active participants and over $9.0M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
14
Plan Average: 24
Top 3 Funds in this 401k
1. Wells Fargo S&P 500 Index 19%
2. Wells Fargo Stable Return Trust 16%
3. Vanguard LifeStrategy Moderate Growth 15%

 Retirement Plan Details

Address 1000 Progress Place
Concord, NC 28025 
Industry Information
Administrator Katie Davidson
Net Plan Assets $8,980,000
Total Participants 820
Avg Account Balance $17,000

  Plan Service Providers

Insurance Carrier Great-West Life
Insurance Advisor/Broker David G. Benedict
Insurance Advisor/Broker Geordie J. Robertson
Corporate Trustee Wells Fargo (Wachovia)
Recordkeeper Wells Fargo (Wachovia)
Auditor Bonn, Shortsleeve & Ray

 Comments