Sommer Metalcraft Corporation
54
Plan:
Sommer Metalcraft Corporation 401k Plan and Trust
37
61
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (54) and the top rated plan (76) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $120,300 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
Sommer Metalcraft Corporation 401k Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 54. Sommer Metalcraft Corporation 401k Plan and Trust currently has over 100 active participants and over $5.4M in plan assets.
Retirement Plan Details
| Address |
315 Poston Dr
Crawfordsville, IN 47933-3050 |
| Industry | Manufacturing |
| Administrator | Deborah S. Keller |
| Sponsor | Joseph M. Malott |
| Net Plan Assets | $5,380,000 |
| Total Participants | 140 |
| Avg Account Balance | $40,000 |
Compare Other Companies in Peer Group
| Custom Fabricating & Repair | 72.5 |
| Torca Products | 68.1 |
| Armstrong Pumps | 65.7 |
| Henry Troemner, LLC | 65.1 |
| Hougen Manufacturing | 63.8 |
| Pacific/Hoe Saw & Knife Company | 58.6 |
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