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Company:
Globe Manufacturing Company, LLC
Plan:
Globe Manufacturing Company, LLC Employees' Profit Sharing/401k Plan
 

Globe Manufacturing Company, LLC

65 Plan: Globe Manufacturing Company, LLC Employees' Profit Sharing/401k Plan

 
 
65
10
65
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (65) and the top rated plan (84) could equate to:
[How is this calculated?]
11 additional years of work
Up to $98,100 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

Globe Manufacturing Company, LLC Employees' Profit Sharing/401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Participation Rate. Globe Manufacturing Company, LLC Employees' Profit Sharing/401k Plan currently has over 300 active participants and over $17.1M in plan assets.

 

 Retirement Plan Details

Address 37 Loudon Road P.O. Box 128
Pittsfield, NH 03263-0128 
Industry Manufacturing
Administrator Donald Welch II
Net Plan Assets $17,100,000
Total Participants 350
Avg Account Balance $50,000

 Compare Other Companies in Peer Group

Wellman 75.5
Vera Bradley Designs 70.7
New Era Cap Co. 65.0
Gamma Holdings U.S.A 61.1
Greenwood Mills 52.9
VF 41.8

 Top 3 Funds in this 401k

1. Great-West Life Guaranteed Interest Accounts 18%
2. Wells Fargo Advantage Growth 9%
3. Putnam Equity Income 8%

  Plan Service Providers

Insurance Carrier Great-West Life
Insurance Carrier Nationwide
Investment Adviser LPL Financial Corp.
Auditor Howe, Riley & Howe PLLC

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