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Company:
Oberg Industries, Inc.
Plan:
Savings and Investment Plan for Employees of Oberg Industries, Inc.
 

Oberg Industries, Inc.

63 Plan:

 
 
63
47
69
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (63) and the top rated plan (82) could equate to:
[How is this calculated?]
9 additional years of work
Up to $156,600 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

Savings and Investment Plan for Employees of Oberg Industries, Inc. is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 15% of plans for Total Plan Cost. Savings and Investment Plan for Employees of Oberg Industries, Inc. currently has over 600 active participants and over $34.0M in plan assets.

 

 Retirement Plan Details

Address 2301 Silverville Road
Freeport, PA 16229 
Industry Manufacturing
Administrator Louis Proviano
Sponsor Jeffrey Mattiuz
Net Plan Assets $34,000,000
Total Participants 620
Avg Account Balance $54,000

 Compare Other Companies in Peer Group

Makino 69.0
Greenleaf Services 68.4
National Machinery LLC 65.9
Peddinghaus 63.4
The Minster Machine Company 61.9
Hardinge 59.9

 Top 3 Funds in this 401k

1. Invesco Stable Value Fund 18%
2. American Funds Growth Fund of America 14%
3. American Funds EuroPacific Growth 9%

  Plan Service Provider

Auditor Schneider Downs & Co., Inc.

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