Franks Industries, Inc.
52
Plan:
Franks Industries Retirement Plan
24
58
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (52) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $211,000 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
Franks Industries Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 52. This plan is in the top 35% of plans for Investment Menu Quality. Franks Industries Retirement Plan currently has over 500 active participants and over $7.4M in plan assets.
Retirement Plan Details
| Address |
Po Box 127
Sunman, IN 47041-0127 |
| Industry | Manufacturing |
| Administrator | Paul E. Atkinson |
| Net Plan Assets | $7,410,000 |
| Total Participants | 510 |
| Avg Account Balance | $15,000 |
Compare Other Companies in Peer Group
| BSC Acquisition Sub, LLC | 58.1 |
| Mafcote | 57.9 |
| Duro Bag Manufacturing Company | 50.0 |
| Marfred Industries | 49.0 |
| Olmsted-Kirk Paper Co. | 44.5 |
| Western Management | 43.1 |
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