Zenith Cutter Co.
65
Plan:
Zenith Cutter Co. Salary Savings Plan
31
61
78
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (65) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $94,600 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
Zenith Cutter Co. Salary Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Account Balances and Participation Rate. Zenith Cutter Co. Salary Savings Plan currently has over 100 active participants and over $6.3M in plan assets.
Retirement Plan Details
| Address |
5200 Zenith Pkwy
Loves Park, IL 61111 |
| Industry | Manufacturing |
| Administrator | Robert F Yocum |
| Net Plan Assets | $6,340,000 |
| Total Participants | 130 |
| Avg Account Balance | $48,000 |
Compare Other Companies in Peer Group
| Cincinnati Steel Treating Company | 63.0 |
| Midwest Products and Engineering | 62.3 |
| Texas Honing | 60.8 |
| General Carbide | 60.7 |
| Val-Matic Valve & Manufacturing | 60.2 |
| Komet of America | 53.7 |
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