Flanders Electric Motor Service, Inc.
64
Plan:
Flanders Electric Motor Service, Inc. 401k Profit Sharing Plan
64
25
58
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (64) and the top rated plan (89) could equate to:
[How is this calculated?]
15 additional years of work
Up to $99,500 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.
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Retirement Plan Description
Flanders Electric Motor Service, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Flanders Electric Motor Service, Inc. 401k Profit Sharing Plan currently has over 600 active participants and over $28.8M in plan assets.
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