TB Wood's Incorporated
62
Plan:
TB Wood's Retirement Savings & Investment Plan
33
64
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (62) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $149,000 in lost retirement 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.
Retirement Plan Description
TB Wood's Retirement Savings & Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Investment Menu Quality and Total Plan Cost. TB Wood's Retirement Savings & Investment Plan currently has over 600 active participants and over $24.8M in plan assets.
Retirement Plan Details
| Address |
440 5th Ave
Chambersburg, PA 17201-1763 |
| Industry | Manufacturing |
| Administrator | Cheryl A. Evans |
| Sponsor | Holly M. Shieldo |
| Net Plan Assets | $24,800,000 |
| Total Participants | 690 |
| Avg Account Balance | $36,000 |
Compare Other Companies in Peer Group
| Fike | 72.6 |
| Weber-Stephen Products Co. | 64.2 |
| Star Cutter Company | 59.4 |
| Mauser | 58.4 |
| Super Steel Products | 57.9 |
| Mayville Engineering Company | 55.9 |
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