Home  >   401k Directory   >   Oberg Industries, Inc.
 
Company:
Oberg Industries, Inc.
Plan:
Savings and Investment Plan for Employees of Oberg Industries, Inc.
 

Oberg Industries, Inc.

67 Plan:

 
 
67
43
71
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (67) and the top rated plan (84) could equate to:
[How is this calculated?]
9 additional years of work
Up to $109,800 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 67. This plan is in the top 35% of plans for Account Balances, Investment Menu Quality, Participation Rate, and Total Plan Cost. Savings and Investment Plan for Employees of Oberg Industries, Inc. currently has over 700 active participants and over $49.7M in plan assets.


 Investment Menu Statistics

No. of Investment Options
17
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. American Funds Target Date Retirement 2025 15%
2. American Funds Target Date Retirement 2030 15%
3. American Funds Target Date Retirement 2035 14%

 Retirement Plan Details

Address 2301 Silverville Road
Freeport, PA 16229 
Industry Manufacturing
Administrator Jeffrey Mattiuz
Net Plan Assets $49,700,000
Total Participants 750
Avg Account Balance $69,000

 
Plan Service Providers

Investment Adviser LPL Financial Corp. (NRP)
Recordkeeper American Funds (Capital Group)
Auditor Schneider Downs & Co., Inc.