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Company:
SIMCO Management Corp.
Plan:
SIMCO Management Corp. 401k Profit Sharing Plan
 

SIMCO Management Corp.

38 Plan: SIMCO Management Corp. 401k Profit Sharing Plan

 
 
38
29
59
82
0
10
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100
For the average 401k participant, the 44 point difference between this plan's BrightScope Rating (38) and the top rated plan (82) could equate to:
[How is this calculated?]
19 additional years of work
Up to $355,700 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

SIMCO Management Corp. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 38. This plan is in the top 35% of plans for Investment Menu Quality. SIMCO Management Corp. 401k Profit Sharing Plan currently has over 100 active participants and over $1.4M in plan assets.

 

 Retirement Plan Details

Address 709 Trumbull Ave
Girard, OH 44420 
Industry Lessors of Residential Buildings and Dwellings
Administrator Ronald S. Gross
Net Plan Assets $1,450,000
Total Participants 150
Avg Account Balance $10,000

 Top 3 Funds in this 401k

1. Invesco Van Kampen Equity and Income 18%
2. American Funds Bond Fund of America 11%
3. American Funds EuroPacific Growth 8%

  Plan Service Providers

Corporate Trustee Nationwide
Recordkeeper Nationwide
Recordkeeper Moskal Gross Orchosky, Inc.
Consultant Moskal Gross Orchosky, Inc.
Insurance Carrier Nationwide
Auditor Levin, Swedler & Company, Inc.

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