Overview

Plan Rating

BrightScope Rating
63
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (15)
Average in Peer Group (53)
Highest in Peer Group (79)

Plan Description

K2 Solutions, Inc. Employee Stock Ownership and 401k Plan is a defined contribution plan with a profit-sharing component, 401k feature, and leveraged ESOP component. This plan has a BrightScope Rating of 63, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity. K2 Solutions, Inc. Employee Stock Ownership and 401k Plan currently has over 300 active participants and over $3.9M in plan assets.

Did you know?

For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (63) and the top rated plan (79) could equate to:
7
Additional years of work
66,237
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 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address P.o. Box 690
  • Location
    Southern Pines , NC
  • 28388
  • Industry
    All Other Professional, Scientific, and Technical Services
  • Net Plan Assets
    $3,910,000
  • Total Participants
    300
  • Avg Account Balance
    $22,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Great

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

41

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Total Employer Securities 34%
N/A
American Funds (Capital Group) Target Date Retirement 14%
9%
American Funds Capital World Growth and Income 14%
57%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Administration
Swerdlin & Company
Recordkeeper
Swerdlin & Company
Consultant
Swerdlin & Company
Auditor
Security Financial Resources

Articles and Questions

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