Overview

Plan Rating

BrightScope Rating
74
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (47)
Average in Peer Group (68)
Highest in Peer Group (86)

Plan Description

Beumer Corporation 401k Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Salary Deferral. Beumer Corporation 401k Profit Sharing Plan and Trust currently has over 300 active participants and over $14.2M in plan assets.

Did you know?

For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (74) and the top rated plan (86) could equate to:
8
Additional years of work
*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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 800 Apgar Drive
  • Location
    Somerset , NJ
  • 08873
  • Industry
    Wholesale Trade
  • Administrator
    Cathy Ann Potter
  • Net Plan Assets
    $14,200,000
  • Total Participants
    300
  • Avg Account Balance
    $53,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

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

Peer Group Plans

Company Rating
Ascendum Machinery 73.3
Linak Us 71.3
Hockenbergs Equipment and Supply Co. 70.7
Oxarc 65.3
Andersen & Associates 63.7
Jefferds 59.5
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

30

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Funds (Capital Group) Target Date Retirement 16%
9%
Fidelity Advisor New Insights 8%
62%
Columbia Large Cap Index 7%
43%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Corporate Trustee
William E Hamm and Associates Inc.
Recordkeeper
William E Hamm and Associates Inc.
Recordkeeper
ADP
Auditor
Maillie, Falconiero & Company, LLP

Articles and Questions

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