Penco Products, Inc.
68
Plan:
12
61
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (68) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $94,300 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
Penco Products, Inc. Thrift and Profit Sharing Plan for salaried employees is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Salary Deferral. Penco Products, Inc. Thrift and Profit Sharing Plan for salaried employees currently has over 100 active participants and over $5.7M in plan assets.
Retirement Plan Details
| Address |
8223 Brecksville Rd Ste 100
Brecksville, OH 44141-1361 |
| Industry | Manufacturing |
| Administrator | John E. Cvetic, Treasurer |
| Net Plan Assets | $5,730,000 |
| Total Participants | 120 |
| Avg Account Balance | $47,000 |
Compare Other Companies in Peer Group
| Imaging & Sensing Technology | 71.1 |
| H-J Enterprises | 64.4 |
| Gm Nameplate | 59.9 |
| Arrowhead Products | 58.5 |
| Action Products Company | 52.1 |
| Wayne Industries | 50.6 |
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