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Company:
Richco, Inc.
Plan:
Richco, Inc. 401k Salary Reduction Plan and Trust
 

Richco, Inc.

64 Plan: Richco, Inc. 401k Salary Reduction Plan and Trust

 
 
64
11
55
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (64) and the top rated plan (76) could equate to:
[How is this calculated?]
6 additional years of work
Up to $56,100 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

Richco, Inc. 401k Salary Reduction Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 15% of plans for Investment Menu Quality and Participation Rate. Richco, Inc. 401k Salary Reduction Plan and Trust currently has over 200 active participants and over $8.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
68
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Stadion Managed Moderate 20%
2. Lincoln Financial Guaranteed Account 11%
3. BlackRock Energy & Resources 7%

 Retirement Plan Details

Address 8145 River Drive
Morton Grove, IL 60053-2660 
Industry Manufacturing
Administrator Steve Poulsen
Net Plan Assets $8,160,000
Total Participants 200
Avg Account Balance $41,000

 Compare Other Companies in Peer Group

Nordic Fiberglass 71.6
W Interconnections 71.5
Eam-Mosca 70.7
C.A.P.S. 69.6
Imperial Plastics 61.3
Dielectrics 60.7

  Plan Service Providers

Insurance Carrier Lincoln Financial
Insurance Advisor/Broker Lincoln Financial
Administration Lincoln Financial
Investment Adviser Stadion Money Management
Auditor Gimbel, Abrams & Singer

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