Homasote Company
55
Plan:
Homasote Company Savings Plan
10
61
84
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 (55) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $206,400 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
Homasote Company Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 15% of plans for Total Plan Cost. Homasote Company Savings Plan currently has over 100 active participants and over $4.5M in plan assets.
Retirement Plan Details
| Address |
932 Lower Ferry Road
P.O. Box 7240 West Trenton, NJ 08628 |
| Industry | Manufacturing |
| Administrator | Ronald Fasano |
| Sponsor | Ronald D. Fasano |
| Net Plan Assets | $4,490,000 |
| Total Participants | 120 |
| Avg Account Balance | $39,000 |
Compare Other Companies in Peer Group
| Little Rapids | 69.2 |
| Erving Industries | 66.6 |
| Madison Paper Company (Alsip... | 65.5 |
| Miller Container | 62.6 |
| Monadnock Paper Mills | 62.6 |
| Smart Papers Holdings LLC | 60.2 |
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