Overview

Plan Rating

BrightScope Rating
73
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (29)
Average in Peer Group (62)
Highest in Peer Group (90)

Plan Description

Polymer Group, Inc. Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 35% of plans for Account Balances, Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. Polymer Group, Inc. Retirement Savings Plan currently has over 1,000 active participants and over $71.4M in plan assets.

Did you know?

For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (73) and the top rated plan (90) could equate to:
11
Additional years of work
110,937
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 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 9335 Harris Corners Parkway Suite 300
  • Location
    Charlotte , NC
  • 28269
  • Industry
    Apparel Accessories and Other Apparel Manufacturing
  • Administrator
    Julie Baxley
  • Net Plan Assets
    $71,400,000
  • Total Participants
    1,000
  • Avg Account Balance
    $72,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

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

Investment Menu Stats

# of Investment Options

32

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Columbia Stable Income 24%
N/A
Vanguard 500 Index 10%
8%
Oakmark Equity & Income 7%
15%
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
Investment Adviser
Morningstar, Inc.
Auditor
Hancock, Askew & Co., LLP