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Company:
Shaft Drillers International, LLC
Plan:
Shaft Drillers International, LLC 401k Profit Sharing Plan
 

Shaft Drillers International, LLC

47 Plan: Shaft Drillers International, LLC 401k Profit Sharing Plan

 
 
47
29
68
87
0
10
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100
For the average 401k participant, the 40 point difference between this plan's BrightScope Rating (47) and the top rated plan (87) could equate to:
[How is this calculated?]
19 additional years of work
Up to $265,400 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

Shaft Drillers International, LLC 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 47. This plan is in the top 15% of plans for Investment Menu Quality and Participation Rate. Shaft Drillers International, LLC 401k Profit Sharing Plan currently has over 100 active participants and over $1.9M in plan assets.

 

 Retirement Plan Details

Address 70 Gum Springs Rd
Morgantown, WV 26508-3534 
Industry Mining, Quarrying, and Oil and Gas Extraction
Administrator Scott A. Kiger
Net Plan Assets $1,890,000
Total Participants 130
Avg Account Balance $15,000

 Top 3 Funds in this 401k

1. Lincoln Financial Toolbox Managed Growth (SATG) 14%
2. Lincoln Financial Toolbox Managed Moderate (SATM) 11%
3. SSgA S&P 500 Index 8%

  Plan Service Providers

Auditor Toothman Rice PLLC
Corporate Trustee Lincoln Financial
Corporate Trustee Great-West Life
Insurance Carrier Great-West Life
Insurance Carrier Lincoln Financial
Insurance Advisor/Broker Wells Fargo (Wachovia)

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