Snap-tite, Inc.
61
Plan:
47
65
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (61) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $132,400 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
Snap-tite, Inc. 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Participation Rate. Snap-tite, Inc. 401k Savings Plan currently has over 600 active participants and over $22.2M in plan assets.
Retirement Plan Details
| Address |
8325 Hessinger Drive
Erie, PA 16509 |
| Industry | Manufacturing |
| Administrator | Gary Clark |
| Net Plan Assets | $22,200,000 |
| Total Participants | 620 |
| Avg Account Balance | $36,000 |
Compare Other Companies in Peer Group
| R&B Wagner | 69.3 |
| Diamond Products Limited | 68.3 |
| Manitowoc Tool & Machining, LLC | 65.0 |
| Cutco Cutlery | 63.9 |
| Camcraft | 62.7 |
| Greenville Tool & Die Company | 52.9 |
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