Kenmode Tool & Engineering, Inc.
56
Plan:
Kenmode Tool & Engineering, Inc. Profit Sharing Plan & Trust
46
65
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (56) and the top rated plan (80) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $183,500 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
Kenmode Tool & Engineering, Inc. Profit Sharing Plan & Trust 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 Participation Rate. Kenmode Tool & Engineering, Inc. Profit Sharing Plan & Trust currently has over 100 active participants and over $6.9M in plan assets.
Retirement Plan Details
| Address |
820 West Algonquin Road
Algonquin, IL 60102 |
| Industry | Manufacturing |
| Administrator | Kurt Gascho |
| Net Plan Assets | $6,860,000 |
| Total Participants | 130 |
| Avg Account Balance | $52,000 |
Compare Other Companies in Peer Group
| Lanzen Fabricating | 63.7 |
| Kickhaefer Manufacturing Company, LLC | 59.8 |
| Unit Drop Forge Co. | 56.2 |
| Tempco Manufacturing Co. | 52.2 |
| Warren Industries | 50.7 |
| Headly Manufacturing Co. | 47.0 |
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