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Company:
L. B. Manufacturing Company
Plan:
L.B. Cleveland 401k Retirement Plan
 

L. B. Manufacturing Company

48 Plan:

 
 
48
29
56
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (48) and the top rated plan (81) could equate to:
[How is this calculated?]
15 additional years of work
Up to $223,800 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

L.B. Cleveland 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. This plan is in the top 35% of plans for Investment Menu Quality. L.B. Cleveland 401k Retirement Plan currently has over 100 active participants and over $1.5M in plan assets.

 

 Retirement Plan Details

Address 325 Commerce Drive
Mt. Vernon, OH 43050 
Industry Manufacturing
Administrator Kathy Hill
Sponsor Michael Mccutchen
Net Plan Assets $1,530,000
Total Participants 130
Avg Account Balance $12,000

 Top 3 Funds in this 401k

1. Great-West Life Guaranteed Portfolio Fund 37%
2. Great-West Life Sub-Advised Guaranteed Investment Contract 17%
3. MFS International Value 11%

  Plan Service Providers

Insurance Carrier Great-West Life
Auditor Cohen & Co.

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