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Company:
Magnum Products, L.L.C.
Plan:
Magnum Products, L.L.C. 401k Profit Sharing Plan
 

Magnum Products, L.L.C.

43 Plan: Magnum Products, L.L.C. 401k Profit Sharing Plan

 
 
43
21
57
81
0
10
20
30
40
50
60
70
80
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100
For the average 401k participant, the 38 point difference between this plan's BrightScope Rating (43) and the top rated plan (81) could equate to:
[How is this calculated?]
16 additional years of work
Up to $276,000 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

Magnum Products, L.L.C. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 43. This plan is in the top 15% of plans for Investment Menu Quality. Magnum Products, L.L.C. 401k Profit Sharing Plan currently has over 200 active participants and over $1.2M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 215 Power Dr
Berlin, WI 54923-2420 
Industry Manufacturing
Administrator Thomas Joseph
Net Plan Assets $1,160,000
Total Participants 230
Avg Account Balance $5,300

 Compare Other Companies in Peer Group

Lyman-Morse Boatbuilding 58.4
Century Boat Company 52.7
North River Boats 50.8
PFC, Inc. d/b/a Stingray Boat Company 49.4
Pacific Mariner 44.3
Fineline Industries 21.1

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Growth 39%
2. John Hancock Funds II Lifestyle Balanced 33%
3. John Hancock Funds II Lifestyle Aggressive 11%

  Plan Service Providers

Administration Clifton Gunderson
Auditor Baker Tilly
Insurance Carrier John Hancock

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