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Company:
Lake Business Products, Inc.
Plan:
Lake Business Products, Inc. 401k Profit Sharing Plan
 

Lake Business Products, Inc.

51 Plan: Lake Business Products, Inc. 401k Profit Sharing Plan

 
 
51
25
61
82
0
10
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30
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100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (51) and the top rated plan (82) could equate to:
[How is this calculated?]
14 additional years of work
Up to $191,800 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

Lake Business Products, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. This plan is in the top 35% of plans for Account Balances and Investment Menu Quality. Lake Business Products, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $7.9M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
24
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. ING T. Rowe Price Growth Equity 16%
2. BlackRock Equity Dividend 13%
3. Oppenheimer Global 9%

 Retirement Plan Details

Address 37200 Research Drive
Eastlake, OH 44095 
Industry Manufacturing
Administrator Lisa Groewa
Net Plan Assets $7,910,000
Total Participants 160
Avg Account Balance $55,000

  Plan Service Providers

Insurance Carrier ING
Insurance Advisor/Broker PCA Investment Advisory Services, Inc.
Investment Adviser ING
Auditor Ciuni & Panichi

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