Home  >   401k Directory   >   Ohio Medical Corporation
 
Company:
Ohio Medical Corporation
Plan:
Ohio Medical Corporation 401k Profit Sharing Plan
 

Ohio Medical Corporation

70 Plan: Ohio Medical Corporation 401k Profit Sharing Plan

 
 
70
36
65
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (70) and the top rated plan (82) could equate to:
[How is this calculated?]
7 additional years of work
Up to $53,500 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

Ohio Medical Corporation 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Investment Menu Quality. Ohio Medical Corporation 401k Profit Sharing Plan currently has over 100 active participants and over $4.4M in plan assets.

 

 Retirement Plan Details

Address 1111 Lakeside Dr
Gurnee, IL 60031-2489 
Industry Other Miscellaneous Durable Goods Merchant Wholesalers
Administrator David Finney
Net Plan Assets $4,380,000
Total Participants 160
Avg Account Balance $28,000

 Compare Other Companies in Peer Group

WEG Electric Motor 71.3
The Indusco Group 71.0
Macomb Pipe & Supply 67.6
Houston's 66.7
DuBose Steel, Inc. of North Carolina 65.5
Kentec 57.9

 Top 3 Funds in this 401k

1. American Funds Growth Fund of America 16%
2. Bank of America Retirement Preservation Trust 12%
3. BlackRock Global Allocation 11%

  Plan Service Providers

Auditor Frank L Sassetti & Co
Recordkeeper Bank of America Merrill Lynch

 Comments