Wade Cary Enterprises, Inc

49
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
49
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (17)
Average in Peer Group (47)
Highest in Peer Group (61)

Plan Description

Wade Cary Enterprises, Inc 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 49. This plan is in the top 15% of plans for Total Plan Cost. Wade Cary Enterprises, Inc 401k Plan currently has over 200 active participants and over $835.5K in plan assets.

Did you know?

For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (49) and the top rated plan (61) could equate to:
6
Additional years of work
46,736
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 12/31/2016
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 1029 Hammond Street
  • Location
    Rocky Mount , NC
  • 27803
  • Industry
    Full-Service Restaurants
  • Administrator
    Janet Winstead
  • Net Plan Assets
    $840,000
  • Total Participants
    210
  • Avg Account Balance
    $9,300

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Average

Performance

Participation Rate:
Poor
Salary Deferrals:
Poor
Account Balance:
Poor

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Average
Salary Deferrals:
Average
Account Balance:
Average
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

24

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Funds (Capital Group) Target Date Retirement 89%
9%
Participant Loans 3%
N/A
American Funds American Balanced 1%
15%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Provider

SERVICE PROVIDER
Auditor
John M Watkins, CPA

Articles and Questions

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