Overview

Plan Rating

BrightScope Rating
53
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (12)
Average in Peer Group (57)
Highest in Peer Group (80)

Plan Description

MTB Mechanical, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. MTB Mechanical, Inc. 401k Plan currently has over 100 active participants and over $1.7M in plan assets.

Did you know?

For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (53) and the top rated plan (80) could equate to:
12
Additional years of work
144,230
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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 1201 Industrial Drive
  • Location
    Matthews , NC
  • 28105-5311
  • Industry
    Plumbing, Heating, and Air-Conditioning Contractors
  • Administrator
    Jennifer Thomas
  • Net Plan Assets
    $1,740,000
  • Total Participants
    100
  • Avg Account Balance
    $29,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Above Average

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

25

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Fidelity Advisor Freedom 41%
32%
Vanguard Total Bond Market Index 9%
15%
Nationwide Government Money Market 8%
64%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Nationwide
Insurance Advisor/Broker
Comprehensive Asset Management and Servicing, Inc.
Investment Adviser
Comprehensive Asset Management and Servicing, Inc.
Administration
Alliance Benefit Group
Administration
Trinity Pension Group, LLC
Auditor
Whitfield Elliott, PLLC

Articles and Questions

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