Armin Tool & Manufacturing Co.
70
Plan:
39
66
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (70) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $118,100 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
The Armin Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. The Armin Retirement Plan currently has over 100 active participants and over $14.5M in plan assets.
Retirement Plan Details
| Address |
1500 N La Fox St
South Elgin, IL 60177-1240 |
| Industry | Manufacturing |
| Administrator | Paul R. Stoll |
| Net Plan Assets | $14,500,000 |
| Total Participants | 120 |
| Avg Account Balance | $130,000 |
Compare Other Companies in Peer Group
| Felker Brothers | 79.4 |
| Lico | 77.7 |
| SAES Getters USA | 76.3 |
| Ross Controls | 75.1 |
| Corken Steel Products Company | 67.6 |
| Vista Metals | 67.2 |
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