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Company:
Menk Corporation
Plan:
Hovnanian 401k Plan
 

Menk Corporation

40 Plan: Hovnanian 401k Plan

 
 
40
27
58
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 43 point difference between this plan's BrightScope Rating (40) and the top rated plan (83) could equate to:
[How is this calculated?]
19 additional years of work
Up to $258,600 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

Hovnanian 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 40. Hovnanian 401k Plan currently has over 500 active participants and over $5.0M in plan assets.

 

 Retirement Plan Details

Address 4000 Route 66
Tinton Falls, NJ 07753 
Industry Facilities Support Services
Administrator Lisa Triola
Net Plan Assets $4,960,000
Total Participants 600
Avg Account Balance $8,600

 Compare Other Companies in Peer Group

URS Ch2M Oak Ridge LLC 82.7
Aerospace Testing Alliance, ATA 77.2
Pinon Management 74.1
Johnson Controls 65.9
Del-Jen 52.8
PSI Services LLC 45.6

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 39%
2. John Hancock Funds II Lifestyle Growth 27%
3. John Hancock Stable Value Fund 18%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker UNIFI Companies
Auditor Hutchins, Farrell, Meyer & Allison

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