Ohio Machinery Co.
68
Plan:
41
66
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (68) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $57,600 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 Machinery Co. Incentive Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Participation Rate. Ohio Machinery Co. Incentive Savings Plan currently has over 400 active participants and over $26.9M in plan assets.
Retirement Plan Details
| Address |
3993 East Royalton Road
Broadview Heights, OH 44147 |
| Industry | Wholesale Trade |
| Administrator | Sonja Metzler |
| Sponsor | David J. Blocksom |
| Net Plan Assets | $26,900,000 |
| Total Participants | 460 |
| Avg Account Balance | $59,000 |
Compare Other Companies in Peer Group
| Cummins West | 72.7 |
| Forge Industries | 70.2 |
| Gosiger | 66.9 |
| Production Tool Supply Company, LLC | 65.0 |
| Festo | 63.8 |
| Blanchard Machinery Company, A... | 58.5 |
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