Area Energy & Electric, Inc.
62
Plan:
Area Energy & Electric, Inc. Profit Sharing Plan
3
59
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (62) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $170,100 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
Area Energy & Electric, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Company Generosity and Investment Menu Quality. Area Energy & Electric, Inc. Profit Sharing Plan currently has over 200 active participants and over $8.9M in plan assets.
Retirement Plan Details
| Address |
2001 Commerce Dr
Sidney, OH 45365-9393 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Dean Thobe |
| Net Plan Assets | $8,910,000 |
| Total Participants | 250 |
| Avg Account Balance | $36,000 |
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