Chicago Rivet & Machine Co.
49
Plan:
Chicago Rivet & Machine Co. Profit Sharing Plan
24
61
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (49) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $232,400 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
Chicago Rivet & Machine Co. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 49. This plan is in the top 35% of plans for Participation Rate. Chicago Rivet & Machine Co. Profit Sharing Plan currently has over 200 active participants and over $9.9M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 3061
901 Frontenac Road Naperville, IL 60566-7061 |
| Industry | Manufacturing |
| Administrator | Michael Bourg |
| Net Plan Assets | $9,940,000 |
| Total Participants | 290 |
| Avg Account Balance | $35,000 |
Compare Other Companies in Peer Group
| Major Tool & Machine | 72.4 |
| Dorma Door Controls | 68.7 |
| SS White Burs | 64.0 |
| Braxton Manufacturing Co. | 62.2 |
| B & G Manufacturing | 60.5 |
| Tifco Industries | 58.2 |
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