Forge Industries, Inc.
70
Plan:
Forge Industries, Inc. and Affiliated Companies Savings and Profit Sharing Plan
45
66
84
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 (70) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $31,500 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
Forge Industries, Inc. and Affiliated Companies Savings and 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 Total Plan Cost. Forge Industries, Inc. and Affiliated Companies Savings and Profit Sharing Plan currently has over 600 active participants and over $30.3M in plan assets.
Retirement Plan Details
| Address |
8000 Hub Parkway
Cleveland, OH 44125 |
| Industry | Wholesale Trade |
| Administrator | J Philip Anderson |
| Net Plan Assets | $30,300,000 |
| Total Participants | 610 |
| Avg Account Balance | $52,000 |
Compare Other Companies in Peer Group
| Cummins West | 72.7 |
| Bramco | 67.5 |
| Southworth-Milton | 67.2 |
| Gosiger | 66.9 |
| Giles & Ransome | 64.8 |
| Blanchard Machinery Company, A... | 58.5 |
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