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Company:
Oberg Industries, Inc.
Plan:
Oberg Industries, Inc. Employee Stock Ownership Plan
 

Oberg Industries, Inc.

57 Plan:

 
 
57
27
62
98
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 41 point difference between this plan's BrightScope Rating (57) and the top rated plan (98) could equate to:
[How is this calculated?]
1 additional year of work
Up to $44,200 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

Oberg Industries, Inc. Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and ESOP component. This plan has a BrightScope Rating of 57. This plan is in the top 15% of plans for Total Plan Cost. Oberg Industries, Inc. Employee Stock Ownership Plan currently has over 700 active participants and over $7.1M in plan assets.


 Investment Menu Statistics

No. of Investment Options
2
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Total Common Stocks 92%
2. Cash and Cash Equivalents 7%

 Retirement Plan Details

Address 2301 Silverville Rd
Freeport, PA 16229-1630 
Industry Manufacturing
Administrator Lou Proviano
Sponsor Jeffrey Mattiuz
Net Plan Assets $7,070,000
Total Participants 720
Avg Account Balance $9,900

  Plan Service Provider

Auditor Schneider Downs & Co., Inc.