Reco Equipment, Inc.
69
Plan:
Reco Equipment, Inc. 401k Retirement Savings Plan
25
64
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (69) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $121,000 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
Reco Equipment, Inc. 401k 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 35% of plans for Account Balances and Participation Rate. Reco Equipment, Inc. 401k Retirement Savings Plan currently has over 100 active participants and over $8.6M in plan assets.
Retirement Plan Details
| Address |
66420 Belmont-Morristown Road
Morristown, OH 43759 |
| Industry | Manufacturing |
| Administrator | Joshua A. Garber, VP |
| Net Plan Assets | $8,580,000 |
| Total Participants | 140 |
| Avg Account Balance | $64,000 |
Compare Other Companies in Peer Group
| Kawasaki Construction Machinery... | 73.7 |
| DuraTech Industries International | 67.3 |
| Miller St. Nazianz | 65.3 |
| Amadas Group | 64.2 |
| Fallsway Equipment Co. | 63.0 |
| Quality Metal Products | 56.7 |
Comments