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Company:
Garlock Printing & Converting Corp.
Plan:
Garlock Printing & Converting Corp. 401k Retirement Plan
 

Garlock Printing & Converting Corp.

62 Plan: Garlock Printing & Converting Corp. 401k Retirement Plan

 
 
62
29
62
84
0
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100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (62) and the top rated plan (84) could equate to:
[How is this calculated?]
10 additional years of work
Up to $157,300 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

Garlock Printing & Converting Corp. 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Investment Menu Quality. Garlock Printing & Converting Corp. 401k Retirement Plan currently has over 300 active participants and over $8.7M in plan assets.


 Investment Menu Statistics

No. of Investment Options
24
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Voya Solution 2035 21%
2. Voya Solution 2025 14%
3. Voya Solution 2045 10%

 Retirement Plan Details

Address 164 Fredette St
Gardner, MA 01440 
Industry Manufacturing
Administrator Kevin King
Net Plan Assets $8,700,000
Total Participants 340
Avg Account Balance $33,000

 
Plan Service Providers

Insurance Carrier Voya Financial (ING)
Insurance Advisor/Broker Commonwealth Financial Network
Auditor Sheppard & Goldstein LLP