Overview

Plan Rating

BrightScope Rating
41
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (9)
Average in Peer Group (55)
Highest in Peer Group (85)

Plan Description

McLeod Piggly Wiggly 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 41. McLeod Piggly Wiggly 401k Plan currently has over 300 active participants and over $6.1M in plan assets.

Did you know?

For the average 401k participant, the 44 point difference between this plan's BrightScope Rating (41) and the top rated plan (85) could equate to:
21
Additional years of work
270,187
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 415 N Salem St
  • Location
    Sumter , SC
  • 29150-4115
  • Industry
    Supermarkets and Other Grocery (except Convenience) Stores
  • Administrator
    William Mcleod,Jr.
  • Net Plan Assets
    $6,110,000
  • Total Participants
    360
  • Avg Account Balance
    $21,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

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

Design

Total Plan Cost:
High Fees
Company Generosity:
Below Avg.

Performance

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

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

19

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Principal Financial Group LifeTime Hybrid 90%
N/A
Wells Fargo Stable Value 6%
N/A
Participant Loans 2%
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
Principal Financial Group
Administration
Principal Financial Group
Recordkeeper
Principal Financial Group
Administration
South State Retirement Plan Service
Recordkeeper
South State Retirement Plan Service
Investment Adviser
Wilshire
Auditor
Burkett, Burkett, & Burkett CPA's

Articles and Questions

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