Home  >   401k Directory   >   Alger Manufacturing Co., Inc.
 
Company:
Alger Manufacturing Co., Inc.
Plan:
Alger Manufacturing Co., Inc. 401k Profit Sharing Plan
 

Alger Manufacturing Co., Inc.

46 Plan: Alger Manufacturing Co., Inc. 401k Profit Sharing Plan

 
 
46
3
57
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 40 point difference between this plan's BrightScope Rating (46) and the top rated plan (86) could equate to:
[How is this calculated?]
19 additional years of work
Up to $280,900 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

Alger Manufacturing Co., Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 46. This plan is in the top 15% of plans for Investment Menu Quality and Total Plan Cost. Alger Manufacturing Co., Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $5.4M in plan assets.

 

 Retirement Plan Details

Address 724 S Bon View Ave
Ontario, CA 91761-1913 
Industry Manufacturing
Administrator Eileen Evans
Sponsor Jim Hemingway
Net Plan Assets $5,380,000
Total Participants 180
Avg Account Balance $30,000

 Top 3 Funds in this 401k

1. Lincoln Financial Guaranteed Account 42%
2. American Funds Growth-Income HLS 13%
3. Lincoln Financial Balanced (SA21) 5%

  Plan Service Providers

Insurance Carrier Hartford
Auditor Swenson Corp
Insurance Carrier Lincoln Financial
Insurance Advisor/Broker Gregory P. Burge

 Comments