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Company:
Schmidt Equipment, Inc.
Plan:
Schmidt Equipment, Inc. Employees 401k Profit Sharing Plan
 

Schmidt Equipment, Inc.

66 Plan: Schmidt Equipment, Inc. Employees 401k Profit Sharing Plan

 
 
66
39
65
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (66) and the top rated plan (86) could equate to:
[How is this calculated?]
11 additional years of work
Up to $124,100 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

Schmidt Equipment, Inc. Employees 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Schmidt Equipment, Inc. Employees 401k Profit Sharing Plan currently has over 100 active participants and over $6.0M in plan assets.

 

 Retirement Plan Details

Address 80 Southbridge Rd 20
North Oxford, MA 01537-1208 
Industry Wholesale Trade
Administrator Dennis A Neslusen President
Net Plan Assets $5,960,000
Total Participants 130
Avg Account Balance $45,000

 Top 3 Funds in this 401k

1. SSgA S&P 500 Index 11%
2. ABN AMRO Income Plus 10%
3. Neuberger Berman Partners 9%

  Plan Service Provider

Auditor Bollus & Lynch, LLP

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