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Company:
National Machine Company
Plan:
National Machine Group 401k Savings Plan
 

National Machine Company

60 Plan: National Machine Group 401k Savings Plan

 
 
60
29
63
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?]
8 additional years of work
Up to $155,900 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

National Machine Group 401k Savings 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. National Machine Group 401k Savings Plan currently has over 300 active participants and over $12.8M in plan assets.

 

 Retirement Plan Details

Address 4880 Hudson Drive
Stow, OH 44224 
Industry Manufacturing
Administrator Michael Piglia
Net Plan Assets $12,800,000
Total Participants 340
Avg Account Balance $38,000

 Top 3 Funds in this 401k

1. PIMCO Total Return 20%
2. SEI Stable Asset Fund 19%
3. Vanguard 500 Index 15%

  Plan Service Providers

Administration Findley Davies, Inc.
Consultant Highland Consulting Associates
Corporate Trustee TD Ameritrade Trust Company
Auditor Bober, Markey, Fedorovich & Company

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