Cranel, Inc.
74
Plan:
Cranel 401k Plan
9
63
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (74) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $99,400 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
Cranel 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Investment Menu Quality and Salary Deferral. Cranel 401k Plan currently has over 100 active participants and over $7.0M in plan assets.
Retirement Plan Details
| Address |
8999 Gemini Parkway
Columbus, OH 43240 |
| Industry | Wholesale Trade |
| Administrator | Michael A. Tracy |
| Sponsor | Angela C Joffe |
| Net Plan Assets | $6,960,000 |
| Total Participants | 170 |
| Avg Account Balance | $42,000 |
Compare Other Companies in Peer Group
| M. Block & Sons | 75.1 |
| Philcor TV & Electronic Leasing | 73.8 |
| Total Communications | 67.2 |
| NAPCO Security Systems | 66.9 |
| Dreisilker Electric Motors | 63.7 |
| Continental-Wirt Electronics | 50.4 |
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