Overview

Plan Rating

BrightScope Rating
48
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (39)
Average in Peer Group (68)
Highest in Peer Group (89)

Plan Description

Mitchell Grocery Corporation Profit Sharing Retirement/401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. Mitchell Grocery Corporation Profit Sharing Retirement/401k Plan currently has over 1,200 active participants and over $15.5M in plan assets.

Did you know?

For the average 401k participant, the 41 point difference between this plan's BrightScope Rating (48) and the top rated plan (89) could equate to:
20
Additional years of work
276,411
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 6/30/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 550 Railroad Ave.
  • Location
    Albertville , AL
  • 35950
  • Industry
    Supermarkets and Other Grocery (except Convenience) Stores
  • Administrator
    Doug Masters
  • Net Plan Assets
    $15,500,000
  • Total Participants
    1,200
  • Avg Account Balance
    $15,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

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

Peer Group Plans

Company Rating
Steinhafels 64.9
David Y. Martin Jr., LLC 62.9
Blain Supply 60.7
Bruckner Truck Sales 55.1
Entrepreneurial Ventures 43.0
RadioShack 42.9
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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 50%
9%
American Funds Capital Income Builder 16%
40%
American Funds Washington Mutual 7%
55%
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
American Funds (Capital Group)
Auditor
Warren Averett Asset Management, LLC

Articles and Questions

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