Ferragon Corporation
58
Plan:
Ferragon Corp. Thrift Incentive Plan
28
58
72
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (58) and the top rated plan (72) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $139,900 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
Ferragon Corp. Thrift Incentive Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 15% of plans for Participation Rate. Ferragon Corp. Thrift Incentive Plan currently has over 100 active participants and over $3.8M in plan assets.
Retirement Plan Details
| Address |
11103 Memphis Ave
Cleveland, OH 44144-2055 |
| Industry | Manufacturing |
| Administrator | Ruben A. Mendiola, Plan Administrat |
| Sponsor | Anthony M. Porelicki, Vice Presiden |
| Net Plan Assets | $3,810,000 |
| Total Participants | 130 |
| Avg Account Balance | $29,000 |
Compare Other Companies in Peer Group
| Ameripipe Supply | 70.8 |
| International Enterprises | 64.6 |
| Lake Air Metal Products, LLC | 63.5 |
| West Window | 54.4 |
| S & B Metal Products | 52.5 |
| Robert Manufacturing Company | 42.9 |
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