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Company:
Carpenter and Paterson, Inc.
Plan:
C & P/BPPS 401k Plan
 

Carpenter and Paterson, Inc.

62 Plan:

 
 
62
29
56
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (62) and the top rated plan (78) could equate to:
[How is this calculated?]
7 additional years of work
Up to $76,800 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

C & P/BPPS 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Account Balances and Salary Deferral. C & P/BPPS 401k Plan currently has over 100 active participants and over $5.2M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 225 Merrimac Street
Woburn, MA 01801 
Industry Manufacturing
Administrator David Lynch
Net Plan Assets $5,220,000
Total Participants 160
Avg Account Balance $34,000

 Compare Other Companies in Peer Group

Midwest Products and Engineering 62.3
Warren Fabricating 59.3
Guntert & Zimmerman Const. Div. 57.7
ACS Industries 50.5
Wing Enterprises 48.2
Phillips Precision 30.6

 Top 3 Funds in this 401k

1. Fidelity Contrafund 12%
2. American Funds EuroPacific Growth 11%
3. American Funds Growth Fund of America 8%

  Plan Service Providers

Recordkeeper Sentinel Financial
Auditor Feeley & Driscoll, P.C.

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