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Company:
Gasser Chair Company, Inc.
Plan:
Gasser Chair/Mastercraft 401k Plan
 

Gasser Chair Company, Inc.

61 Plan: Gasser Chair/Mastercraft 401k Plan

 
 
61
4
61
83
0
10
20
30
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50
60
70
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100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (61) and the top rated plan (83) could equate to:
[How is this calculated?]
12 additional years of work
Up to $60,500 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

Gasser Chair/Mastercraft 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Participation Rate. Gasser Chair/Mastercraft 401k Plan currently has over 100 active participants and over $7.2M in plan assets.


 Investment Menu Statistics

No. of Investment Options
29
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. John Hancock Lifestyle Balanced 29%
2. John Hancock Stable Value Fund 16%
3. John Hancock Lifestyle Growth 12%

 Retirement Plan Details

Address 4136 Logan Way
Youngstown, OH 44505 
Industry Manufacturing
Administrator Evelyn Mihin
Net Plan Assets $7,220,000
Total Participants 150
Avg Account Balance $47,000

 
Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Beard Pension Services, Inc.
Recordkeeper John Hancock
Auditor Schroedel, Scullin & Bestic, LLC