Stripco Inc.
60
Plan:
Stripco Inc. 401k Plan Retirement Plan and Trust
38
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (60) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $181,500 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.
Retirement Plan Description
Stripco Inc. 401k Plan Retirement Plan and Trust 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 and Participation Rate. Stripco Inc. 401k Plan Retirement Plan and Trust currently has over 100 active participants and over $4.2M in plan assets.
Retirement Plan Details
| Address |
Po Box 248
Osceola, IN 46561 |
| Industry | Manufacturing |
| Administrator | Charles Nightingale |
| Net Plan Assets | $4,170,000 |
| Total Participants | 110 |
| Avg Account Balance | $39,000 |
Compare Other Companies in Peer Group
| Spartanburg Steel Products | 70.0 |
| ZAPP Precision Wire | 69.9 |
| Jemison-Demsey, LLC | 69.4 |
| Cincinnati Tool Steel Co. | 58.3 |
| PorterCorp | 56.5 |
| Searing Industries | 49.9 |
Comments