Overview

Plan Rating

BrightScope Rating
46
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (20)
Average in Peer Group (59)
Highest in Peer Group (87)

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 46. This plan is in the top 35% of plans for Total Plan Cost. Max Packaging 401k Plan currently has over 100 active participants and over $2.1M in plan assets.

Did you know?

For the average 401k participant, the 41 point difference between this plan's BrightScope Rating (46) and the top rated plan (87) could equate to:
20
Additional years of work
255,857
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 109 6th Avenue, N.w.
  • Location
    Attalla , AL
  • 35954-2016
  • Industry
    Other Miscellaneous Nondurable Goods Merchant Wholesalers
  • Administrator
    Pam Griffith
  • Net Plan Assets
    $2,090,000
  • Total Participants
    110
  • Avg Account Balance
    $29,000

Plan Components

Component Ratings

Design

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

Performance

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

Design

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

Performance

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

Peer Group Plans

Company Rating
Houdini 74.4
Voss Electric Company 62.5
Pennock Company 62.5
Alliance Foods 59.7
District Photo 49.0
Hamilton News Co. 48.3
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

8

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
BlackRock, Inc. Blackrock Lifepath Index 77%
N/A
American United Life Stable Value 22%
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
American United Life
Insurance Advisor/Broker
Steven E. Chick
Recordkeeper
American United Life
Auditor
Dent Moses LLP

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
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