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Company:
Ohio Materials Handling, Inc.
Plan:
The Ohio Materials Handling 401k Plan
 

Ohio Materials Handling, Inc.

65 Plan: The Ohio Materials Handling 401k Plan

 
 
65
18
65
83
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 (65) and the top rated plan (83) could equate to:
[How is this calculated?]
9 additional years of work
Up to $126,400 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

The Ohio Materials Handling 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Account Balances. The Ohio Materials Handling 401k Plan currently has over 100 active participants and over $5.8M in plan assets.


 Investment Menu Statistics

No. of Investment Options
16
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Principal Fixed Income 401(a)/(k) 22%
2. American Funds Growth Fund of America 9%
3. Principal Large Cap Value 8%

 Retirement Plan Details

Address 7100 Krick Rd
Bedford, OH 44146-4418 
Industry Wholesale Trade
Administrator Patricia D. Albanese
Sponsor James Orenga
Net Plan Assets $5,790,000
Total Participants 120
Avg Account Balance $59,000

  Plan Service Providers

Insurance Carrier Principal Financial Group
Auditor Ciuni & Panichi
Insurance Advisor/Broker James R. Schaffer Jr.
Insurance Advisor/Broker Lincoln Financial