Galey & Lord Industries, LLC
50
Plan:
The Galey & Lord Retirement Savings Plan
3
56
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (50) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $164,600 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 Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 35% of plans for Total Plan Cost. The Galey & Lord Retirement Savings Plan currently has over 1,200 active participants and over $42.0M in plan assets.
Retirement Plan Details
| Address |
Po Box 157
Society Hill, SC 29593-0157 |
| Industry | Manufacturing |
| Administrator | Wiley F. Shumate |
| Net Plan Assets | $42,000,000 |
| Total Participants | 1,300 |
| Avg Account Balance | $33,000 |
Compare Other Companies in Peer Group
| Gentex | 62.9 |
| J & J Industries | 61.2 |
| Meridian Industries | 60.3 |
| DeRoyal Industries | 59.6 |
| Shurtape Technologies LLC | 59.3 |
| BGF Industries | 57.8 |
Comments