Fastener Industries, Inc.
79
Plan:
Fastener Industries, Inc. Employee Stock Ownership Plan
32
67
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (79) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
2 additional years of work Up to $59,400 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
Fastener Industries, Inc. Employee Stock Ownership Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 79, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, and Total Plan Cost. Fastener Industries, Inc. Employee Stock Ownership Plan currently has over 200 active participants and over $35.6M in plan assets.
Retirement Plan Details
| Address |
1 Berea Commons Ste 208
Berea, OH 44017-2534 |
| Industry | Manufacturing |
| Administrator | Linda Kerekes |
| Net Plan Assets | $35,600,000 |
| Total Participants | 240 |
| Avg Account Balance | $150,000 |
Compare Other Companies in Peer Group
| Associated Equipment | 70.0 |
| Fort Wayne Metals Research Products | 68.9 |
| Draka Cableteq Holdings USA | 66.4 |
| WireCo WorldGroup | 63.6 |
| C & A Tool Engineering | 57.6 |
| Conbraco Industries | 51.7 |
Comments