Marine Hydraulics International, LLC

66
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
66
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 (68)
Highest in Peer Group (87)

Plan Description

Marine Hydraulics International 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 35% of plans for Company Generosity and Participation Rate. Marine Hydraulics International 401k Plan currently has over 500 active participants and over $16.3M in plan assets.

Did you know?

For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (66) and the top rated plan (87) could equate to:
12
Additional years of work
105,076
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 543 E. Indian River Road
  • Location
    Norfolk , VA
  • 23523
  • Industry
    Manufacturing
  • Administrator
    Thomas W. Epley
  • Net Plan Assets
    $16,300,000
  • Total Participants
    580
  • Avg Account Balance
    $29,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Above Average

Performance

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

Peer Group Plans

Company Rating
United States Marine 75.6
Grady-White Boats 75.0
Tecnico 60.0
Smoker Craft 58.7
Regal Marine Industries 54.4
VT Halter Marine 47.5

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

44

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
John Hancock Funds II Multimanager Lifestyle Conservative 23%
N/A
John Hancock Funds II Multimanager Lifestyle Balanced 17%
N/A
John Hancock Multimanager Lifetime 15%
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
John Hancock
Recordkeeper
John Hancock
Investment Adviser
Beacon Harbor Wealth Advisors
Investment Adviser
Wells Fargo
Auditor
Charles W. Snader, Pc

Articles and Questions

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