Sanford Contractors, Inc.

56
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
56
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (37)
Average in Peer Group (69)
Highest in Peer Group (89)

Plan Description

Sanford Contractors, Inc. Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 35% of plans for Account Balances. Sanford Contractors, Inc. Retirement Plan currently has over 200 active participants and over $11.9M in plan assets.

Did you know?

For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (56) and the top rated plan (89) could equate to:
17
Additional years of work
238,676
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 Po Box 9
  • Location
    Lemon Springs , NC
  • 28355
  • Industry
    Highway, Street, and Bridge Construction
  • Administrator
    Donald T. Oldham
  • Net Plan Assets
    $11,900,000
  • Total Participants
    240
  • Avg Account Balance
    $59,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

7

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
MFS Growth Allocation 31%
13%
MFS Aggressive Growth Allocation 29%
1%
MFS Moderate Allocation 20%
10%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Corporate Trustee
Raymond James & Associates, Inc.
Recordkeeper
Raymond James & Associates, Inc.
Recordkeeper
Dmj & Co., PLLC
Recordkeeper
ADP
Auditor
Dmj & Co., PLLC

Articles and Questions

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