ForTec Medical, Inc.
70
Plan:
ForTec Medical, Inc. 401k Profit Sharing and Trust
5
56
89
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 (70) and the top rated plan (89) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $131,400 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
ForTec Medical, Inc. 401k Profit Sharing and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Company Generosity. ForTec Medical, Inc. 401k Profit Sharing and Trust currently has over 100 active participants and over $6.1M in plan assets.
Retirement Plan Details
| Address |
10125 Wellman Rd
Streetsboro, OH 44241-1614 |
| Industry | Offices of All Other Miscellaneous Health Practitioners |
| Administrator | Joann Vosburgh |
| Sponsor | Drew C. Forhan |
| Net Plan Assets | $6,150,000 |
| Total Participants | 180 |
| Avg Account Balance | $34,000 |
Compare Other Companies in Peer Group
| Pediatric Alliance, P.C. | 76.0 |
| Pima Heart Physicians, P.C. | 74.9 |
| Bay Valley Medical Group | 69.6 |
| Woodland Centers | 61.0 |
| Andy Gump | 47.8 |
| University Physician Services | 42.8 |
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