Otto Engineering Incorporated
64
Plan:
Otto Engineering, Inc. 401k Savings and Retirement Plan
42
67
83
0
10
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60
70
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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?]
10 additional years of work Up to $100,000 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
Otto Engineering, Inc. 401k Savings and Retirement Plan 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 35% of plans for Investment Menu Quality. Otto Engineering, Inc. 401k Savings and Retirement Plan currently has over 400 active participants and over $15.5M in plan assets.
Retirement Plan Details
| Address |
2 East Main Street
Carpentersville, IL 60110-2624 |
| Industry | Manufacturing |
| Administrator | Thomas Roeser |
| Net Plan Assets | $15,500,000 |
| Total Participants | 480 |
| Avg Account Balance | $33,000 |
Compare Other Companies in Peer Group
| Keller Technology | 71.8 |
| Nissan Forklift Corporation, North... | 65.9 |
| Hawkeye Concrete Products Co. | 65.9 |
| Merrill Tool & Machine | 60.0 |
| Xaloy | 58.5 |
| Wood-Mizer Products | 57.5 |
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