HMI Industries, Inc.
56
Plan:
HMI Industries, Inc. Profit Sharing Plan
27
69
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (56) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $160,600 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
HMI Industries, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Investment Menu Quality. HMI Industries, Inc. Profit Sharing Plan currently has over 100 active participants and over $2.8M in plan assets.
Retirement Plan Details
| Address |
13325 Darice Parkway
Strongsville, OH 44149 |
| Industry | Manufacturing |
| Administrator | Kelly Boehlefeld |
| Net Plan Assets | $2,800,000 |
| Total Participants | 110 |
| Avg Account Balance | $25,000 |
Compare Other Companies in Peer Group
| Hamilton Beach Brands | 82.4 |
| Rexair, LLC | 71.0 |
| Roper | 67.3 |
| Tacony | 64.8 |
| ICON Health & Fitness | 59.7 |
| Pellerin Milnor | 57.0 |
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