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Company:
Petersen Aluminum Corporation
Plan:
Petersen Aluminum Corporation Money Purchase Pension Plan
 

Petersen Aluminum Corporation

51 Plan:

 
 
51
7
58
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (51) and the top rated plan (83) could equate to:
[How is this calculated?]
15 additional years of work
Up to $207,500 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

Petersen Aluminum Corporation Money Purchase Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 51. This plan is in the top 15% of plans for Investment Menu Quality and Participation Rate. Petersen Aluminum Corporation Money Purchase Pension Plan currently has over 200 active participants and over $12.4M in plan assets.

 

 Retirement Plan Details

Address 1005 Tonne Rd
Elk Grove Village, IL 60007-4817 
Industry Wholesale Trade
Administrator Michael F. Petersen
Net Plan Assets $12,400,000
Total Participants 210
Avg Account Balance $60,000

 Top 3 Funds in this 401k

1. Total Common Stocks 54%
2. Cash and Cash Equivalents 12%
3. Total Municipal Bonds 5%

  Plan Service Providers

Auditor Mccullough Rossi An
Investment Adviser Bank of America Merrill Lynch

 Comments