Lake Business Products, Inc.
51
Plan:
Lake Business Products, Inc. 401k Profit Sharing Plan
27
68
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (51) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
20 additional years of work Up to $210,900 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
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.
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 | $50,000 |
Compare Other Companies in Peer Group
| Harvard Bioscience | 76.0 |
| Kreuter Manufacturing Company | 72.3 |
| Process Technology | 70.5 |
| Cable USA | 67.8 |
| Elxsi | 57.8 |
| Plainfield Stamping - Illinois | 51.3 |
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