First Tool Corporation
69
Plan:
The First Tool Corporation Retirement Savings Plan
31
64
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (69) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $127,200 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
The First Tool Corporation Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Participation Rate. The First Tool Corporation Retirement Savings Plan currently has over 100 active participants and over $6.6M in plan assets.
Retirement Plan Details
| Address |
3327 Elkton Avenue
Dayton, OH 45403 |
| Industry | Manufacturing |
| Administrator | Ronald L. Connelly |
| Net Plan Assets | $6,590,000 |
| Total Participants | 170 |
| Avg Account Balance | $40,000 |
Compare Other Companies in Peer Group
| Seabrook International, LLC | 65.6 |
| Creed Monarch | 63.5 |
| Curt Manufacturing | 60.1 |
| Ashley F. Ward | 57.3 |
| Algonquin Industries | 54.1 |
| Alpha Grainger Manufacturing | 46.5 |
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