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Company:
Towlift, Inc.
Plan:
Towlift, Inc. Employees Retirement and Savings Plan and Trust
 

Towlift, Inc.

58 Plan: Towlift, Inc. Employees Retirement and Savings Plan and Trust

 
 
58
37
63
86
0
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For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (58) and the top rated plan (86) could equate to:
[How is this calculated?]
15 additional years of work
Up to $121,100 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

Towlift, Inc. Employees Retirement and Savings Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Account Balances and Salary Deferral. Towlift, Inc. Employees Retirement and Savings Plan and Trust currently has over 300 active participants and over $13.3M in plan assets.

 

 Retirement Plan Details

Address 1395 Valley Belt Rd
Brooklyn Heights, OH 44131-1438 
Industry Wholesale Trade
Administrator David G Bongorno
Net Plan Assets $13,300,000
Total Participants 360
Avg Account Balance $37,000

 Compare Other Companies in Peer Group

Hoober 65.6
Island Oasis Frozen Cocktail Co. 65.2
Bearing & Drives 62.1
Guhring 62.0
John H. Carter Co. 58.4
J.W. Harris Co. 58.3

 Top 3 Funds in this 401k

1. Principal Stable Value Fund 22%
2. Janus Forty 14%
3. Principal LifeTime 2020 9%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker William Blair
Administration Principal Financial Group
Auditor Meaden & Moore

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