Franklin Electric Company, Inc.
57
Plan:
41
69
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (57) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $127,900 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
Franklin Electric Directed Investment Salary Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. This plan is in the top 15% of plans for Total Plan Cost. Franklin Electric Directed Investment Salary Plan currently has over 3,000 active participants and over $85.2M in plan assets.
Retirement Plan Details
| Address |
400 East Spring Street
Bluffton, IN 46714 |
| Industry | Manufacturing |
| Administrator | Thomas Strupp |
| Net Plan Assets | $85,200,000 |
| Total Participants | 3,100 |
| Avg Account Balance | $28,000 |
Compare Other Companies in Peer Group
| Cubic | 71.9 |
| Rockwell Collins | 70.9 |
| Granite Services | 66.7 |
| Transdigm | 66.2 |
| True MFG. Co. | 59.7 |
| Stoneridge | 54.2 |
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