Overview

Plan Rating

BrightScope Rating
56
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (37)
Average in Peer Group (58)
Highest in Peer Group (86)

Plan Description

Quality Mat Company Employee Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Account Balances. Quality Mat Company Employee Savings and Retirement Plan currently has over 100 active participants and over $7.0M in plan assets.

Did you know?

For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (56) and the top rated plan (86) could equate to:
15
Additional years of work
159,118
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 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 6550 Tram Rd
  • Location
    Beaumont , TX
  • 77713
  • Industry
    Family Clothing Stores
  • Administrator
    Tina Ledoux
  • Sponsor
    Joe Penland
  • Net Plan Assets
    $7,010,000
  • Total Participants
    140
  • Avg Account Balance
    $100,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

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

Peer Group Plans

Company Rating
Land 'N Sea 64.6
Gorsuch, Ltd. 62.4
Ebl, LLC 59.6
The Glik Company 58.0
Alko Distributors 49.7
Friar Tux Shop 48.8

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

29

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American United Life Stable Value 50%
N/A
TIAA-Nuveen Lifecycle Index 27%
N/A
State Street S&P 500 Index 6%
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
Investment Adviser
Edward Jones
Recordkeeper
American United Life
Auditor
Briggs & Veselka Co.

Articles and Questions

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