Overview

Plan Rating

BrightScope Rating
58
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (42)
Average in Peer Group (70)
Highest in Peer Group (88)

Plan Description

Sarris Candies, Inc. Profit Sharing 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Account Balances. Sarris Candies, Inc. Profit Sharing 401k Plan currently has over 100 active participants and over $9.8M in plan assets.

Did you know?

For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (58) and the top rated plan (88) could equate to:
15
Additional years of work
226,607
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 511 Adams Avenue
  • Location
    Canonsburg , PA
  • 15317
  • Industry
    Manufacturing
  • Net Plan Assets
    $9,770,000
  • Total Participants
    200
  • Avg Account Balance
    $76,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Average
Account Balance:
Above Average

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Average
Salary Deferrals:
Average
Account Balance:
Great

Peer Group Plans

Company Rating
Amerilab Technologies 75.6
Andes Candies, LP 69.9
Pecan Deluxe Candy Company 68.1
Doumak 67.5
The Warrell 60.9
Sweet Candy Company 57.9

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

22

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Wilmington Trust Corp. IndexSelect Moderate 25%
N/A
American Funds Capital World Growth and Income 11%
N/A
MassMutual Select Blue Chip Growth 11%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
MassMutual
Insurance Advisor/Broker
Robert C. MacWhinnie
Insurance Advisor/Broker
Jon Alan Henderson
Recordkeeper
MassMutual
Administration
The Retirement Advantage
Auditor
Baker Tilly Us, LLP

Articles and Questions

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