Overview

Plan Rating

BrightScope Rating
58
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (43)
Average in Peer Group (65)
Highest in Peer Group (90)

Plan Description

Buchheit News Management, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. Buchheit News Management, Inc. Profit Sharing Plan currently has over 100 active participants and over $5.6M in plan assets.

Did you know?

For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (58) and the top rated plan (90) could equate to:
17
Additional years of work
156,414
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 12/31/2013
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address P. O. Box 5211 364 South Pine Street, Suite B230
  • Location
    Spartanburg , SC
  • 29304-5211
  • Industry
    Newspaper Publishers
  • Administrator
    Vickie G. Myers
  • Net Plan Assets
    $5,620,000
  • Total Participants
    120
  • Avg Account Balance
    $50,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Poor

Performance

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

Design

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

Performance

Participation Rate:
Above Average
Salary Deferrals:
Average
Account Balance:
Above Average
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Investments

Investment Menu Stats

# of Investment Options

26

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Oakmark Equity & Income 29%
12%
Wells Fargo Disciplined US Core 26%
N/A
Fidelity Contrafund 10%
33%
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
Wells Fargo
Auditor
Swain Brown, P.A.

Articles and Questions

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