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Company:
Harris Steel, Inc.
Plan:
Harris Steel, Inc. 401k Plan
 

Harris Steel, Inc.

60 Plan: Harris Steel, Inc. 401k Plan

 
 
60
29
60
76
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 (60) and the top rated plan (76) could equate to:
[How is this calculated?]
7 additional years of work
Up to $137,100 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

Harris Steel, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Investment Menu Quality. Harris Steel, Inc. 401k Plan currently has over 500 active participants and over $9.3M in plan assets.

 

 Retirement Plan Details

Address None
Industry Manufacturing
Administrator Linda A. Wood
Net Plan Assets $9,340,000
Total Participants 530
Avg Account Balance $18,000

 Top 3 Funds in this 401k

1. Great-West Life Guaranteed Portfolio Fund 16%
2. American Funds EuroPacific Growth 12%
3. Maxim S&P 500 Index 5%

  Plan Service Providers

Insurance Carrier Great-West Life
Insurance Advisor/Broker Tower Square Securities
Auditor Greer & Walker

 Comments