Lakewood Engineering and Manufacturing Co
46
Plan:
Lakewood Engineering and Manufacturing Co. 401k Savings Plan
40
65
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (46) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
18 additional years of work Up to $305,800 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
Lakewood Engineering and Manufacturing Co. 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 46. Lakewood Engineering and Manufacturing Co. 401k Savings Plan currently has over 300 active participants and over $11.6M in plan assets.
Retirement Plan Details
| Address |
501 N Sacramento Blvd
Chicago, IL 60612-1021 |
| Industry | Manufacturing |
| Administrator | Christine L. Krauss |
| Net Plan Assets | $11,600,000 |
| Total Participants | 330 |
| Avg Account Balance | $35,000 |
Compare Other Companies in Peer Group
| Vita-Mix | 70.1 |
| Toastmaster | 68.5 |
| W.C. Wood Company | 67.5 |
| Brown Stove Works | 58.0 |
| Tacony | 54.0 |
| Dacor | 52.6 |
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