Overton Chicago Gear Corporation
64
Plan:
32
64
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (64) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $131,500 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
Overton Gear Corporation Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and leveraged ESOP component. This plan has a BrightScope Rating of 64. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Total Plan Cost. Overton Gear Corporation Employee Stock Ownership Plan currently has over 200 active participants and over $27.5M in plan assets.
Retirement Plan Details
| Address |
530 Westgate Drive
Addison, IL 60101 |
| Industry | Manufacturing |
| Administrator | Pete La Montagna |
| Net Plan Assets | $27,500,000 |
| Total Participants | 230 |
| Avg Account Balance | $120,000 |
Compare Other Companies in Peer Group
| Roscoe Moss Manufacturing Co. | 83.1 |
| Hannay Reels | 74.6 |
| Beretta U.S.A. | 73.0 |
| SAES Getters USA | 72.6 |
| Edstrom Industries | 71.4 |
| Marotta Controls | 70.8 |
Comments