Magic Circle Corporation
60
Plan:
Magic Circle Corporation 401K Profit Sharing Plan
27
59
88
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 (60) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $137,100 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
Magic Circle Corporation 401K Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Investment Menu Quality. Magic Circle Corporation 401K Profit Sharing Plan currently has over 100 active participants and over $3.4M in plan assets.
Retirement Plan Details
| Address |
6302 E County Road 100 N
Coatesville, IN 46121-9689 |
| Industry | Manufacturing |
| Administrator | Curtis Krominaker |
| Sponsor | Arthur L. Evans |
| Net Plan Assets | $3,370,000 |
| Total Participants | 130 |
| Avg Account Balance | $21,000 |
Compare Other Companies in Peer Group
| Virginia Panel | 73.1 |
| Whelen Engineering Company | 67.6 |
| Pei/Genesis | 61.5 |
| Ronan Engineering Company | 59.6 |
| Sorenson Engineering | 55.0 |
| Boose Aluminum Foundry Co. | 46.5 |
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