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Company:
Libra Industries, Inc.
Plan:
Libra Industries, Inc. 401k Retirement Savings Plan
 

Libra Industries, Inc.

45 Plan: Libra Industries, Inc. 401k Retirement Savings Plan

 
 
45
26
72
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 42 point difference between this plan's BrightScope Rating (45) and the top rated plan (87) could equate to:
[How is this calculated?]
20 additional years of work
Up to $251,200 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

Libra Industries, Inc. 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 45. Libra Industries, Inc. 401k Retirement Savings Plan currently has over 100 active participants and over $2.3M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 7770 Division Drive
Mentor, OH 44060-4860 
Industry Manufacturing
Administrator Bob Hanzie
Net Plan Assets $2,340,000
Total Participants 150
Avg Account Balance $16,000

 Compare Other Companies in Peer Group

Foxconn Electronics 83.7
Actiontec Electronics 77.7
Eurotech 70.1
Equus Computer Systems 67.2
Authoria 60.9
Sonic Manufacturing Technologies 37.5

 Top 3 Funds in this 401k

1. Standard Insurance Stable Asset Fund II 21%
2. T. Rowe Price Growth Stock 12%
3. Federated Mid-Cap Index 11%

  Plan Service Providers

Insurance Carrier The Standard
Insurance Advisor/Broker NFP Securities, Inc.
Recordkeeper The Standard
Auditor Walthall, Drake & Wallace LLP

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