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Company:
Galey & Lord Industries, LLC
Plan:
The Galey & Lord 401k Retirement Savings Plan
 

Galey & Lord Industries, LLC

52 Plan: The Galey & Lord 401k Retirement Savings Plan

 
 
52
35
59
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 38 point difference between this plan's BrightScope Rating (52) and the top rated plan (90) could equate to:
[How is this calculated?]
21 additional years of work
Up to $219,000 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

The Galey & Lord 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 52. This plan is in the top 35% of plans for Investment Menu Quality and Participation Rate. The Galey & Lord 401k Retirement Savings Plan currently has over 200 active participants and over $11.5M in plan assets.


 Investment Menu Statistics

No. of Investment Options
17
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Prudential Guaranteed Investment Contract 35%
2. PIMCO Total Return 18%
3. American Funds EuroPacific Growth 12%

 Retirement Plan Details

Address P.O. Box 157
Society Hill, SC 29593 
Industry Manufacturing
Administrator Wiley Shumate
Net Plan Assets $11,500,000
Total Participants 300
Avg Account Balance $41,000

 Compare Other Companies in Peer Group

Richloom 79.2
The InterTech Group 74.6
Brookwood Companies 71.2
York Wallcoverings 57.6
Bloomsburg Carpet Industries 54.1
Nye Lubricants 52.6

  Plan Service Providers

Insurance Carrier Prudential
Insurance Advisor/Broker Lockton Investment Advisors
Administration Prudential
Recordkeeper Prudential
Auditor Pannell Kerr Forster, P.C.