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Company:
Nidec Minster Corporation
Plan:
Nidec Minster Corporation 401k Retirement Savings Plan
 

Nidec Minster Corporation

70 Plan: Nidec Minster Corporation 401k Retirement Savings Plan

 
 
70
24
71
84
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 (70) and the top rated plan (84) could equate to:
[How is this calculated?]
7 additional years of work
Up to $98,600 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

Nidec Minster Corporation 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 35% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. Nidec Minster Corporation 401k Retirement Savings Plan currently has over 600 active participants and over $37.0M in plan assets.


 Investment Menu Statistics

No. of Investment Options
18
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. T. Rowe Price Stable Value Fund 20%
2. T. Rowe Price Growth Stock 11%
3. T. Rowe Price Equity Income 9%

 Retirement Plan Details

Address 240 W. 5th Street
Minster, OH 45865 
Industry Manufacturing
Administrator Stephen C. Kill
Net Plan Assets $37,000,000
Total Participants 630
Avg Account Balance $62,000

 Compare Other Companies in Peer Group

Red Bud Industries 79.0
Makino 76.2
Burr Oak Tool 74.9
Greenleaf 71.3
Oberg Industries 66.6
Connell Limited Partnership 63.5

 
Plan Service Providers

Corporate Trustee T. Rowe Price
Recordkeeper T. Rowe Price
Auditor Battelle & Battelle LLC