Standby Screw Machine Products Co.
60
Plan:
Standby Screw Machine Products Co. 401k Plan
3
59
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (60) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $134,100 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
Standby Screw Machine Products Co. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Participation Rate. Standby Screw Machine Products Co. 401k Plan currently has over 200 active participants and over $6.7M in plan assets.
Retirement Plan Details
| Address |
1122 W Bagley Rd
Berea, OH 44017-2908 |
| Industry | Manufacturing |
| Administrator | Salvatore Caroniti, CPA |
| Net Plan Assets | $6,670,000 |
| Total Participants | 200 |
| Avg Account Balance | $33,000 |
Compare Other Companies in Peer Group
| Hi-Tek Manufacturing | 70.6 |
| Benoit Machine, LLC | 66.8 |
| Kilian Manufacturing | 66.8 |
| U.M.C. | 66.1 |
| Millat Industries | 64.0 |
| Metal Seal & Products | 53.6 |
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