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Company:
Hampden Papers, Inc.
Plan:
Hampden Papers Hourly 401k Retirement Plan
 

Hampden Papers, Inc.

56 Plan:

 
 
56
11
58
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (56) and the top rated plan (84) could equate to:
[How is this calculated?]
14 additional years of work
Up to $186,100 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

Hampden Papers Hourly 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Participation Rate. Hampden Papers Hourly 401k Retirement Plan currently has fewer than 100 active participants and over $3.6M in plan assets.

 

 Retirement Plan Details

Address 100 Water St
Holyoke, MA 01040-6210 
Industry Manufacturing
Administrator Mr. John Phelps
Net Plan Assets $3,630,000
Total Participants 99
Avg Account Balance $37,000

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 53%
2. MassMutual Select Indexed Equity 9%
3. Participant Loans 8%

  Plan Service Providers

Insurance Carrier MassMutual
Auditor Lester Halpern & Company, P.C.

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