Overview

Plan Rating

BrightScope Rating
35
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (18)
Average in Peer Group (61)
Highest in Peer Group (89)

Plan Description

Max Packaging 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 35. Max Packaging 401k Plan currently has over 100 active participants and over $1.5M in plan assets.

Did you know?

For the average 401k participant, the 54 point difference between this plan's BrightScope Rating (35) and the top rated plan (89) could equate to:
25
Additional years of work
421,671
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 6/30/2012
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 109 6th Avenue, N.W.
  • Location
    Attalla , AL
  • 35954-2016
  • Industry
    Other Miscellaneous Nondurable Goods Merchant Wholesalers
  • Administrator
    Pam Griffith
  • Net Plan Assets
    $1,550,000
  • Total Participants
    150
  • Avg Account Balance
    $18,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

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

Peer Group Plans

Company Rating
The Connell Company 80.9
Houdini 74.2
Voss Electric Company 63.1
Krueger Wholesale Florist 55.5
Seneca Medical 46.3
Hamilton News Co. 38.9
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Investments

Investment Menu Stats

# of Investment Options

19

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
John Hancock Lifestyle Balanced 34%
N/A
John Hancock Lifestyle Growth 15%
N/A
John Hancock Lifestyle Moderate 13%
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
John Hancock
Insurance Advisor/Broker
Northwestern Mutual
Auditor
Moses Phillips Young Brannon & Henninger, LLP