Olson Rug Company
62
Plan:
Olson Rug Company Savings and Retirement Plan
22
57
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (62) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $73,100 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
Olson Rug Company Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. Olson Rug Company Savings and Retirement Plan currently has over 100 active participants and over $3.7M in plan assets.
Retirement Plan Details
| Address |
832 S Central Ave
Chicago, IL 60644-5501 |
| Industry | Floor Covering Stores |
| Administrator | Paul Krein |
| Net Plan Assets | $3,680,000 |
| Total Participants | 110 |
| Avg Account Balance | $35,000 |
Compare Other Companies in Peer Group
| Rusmur Floors | 64.7 |
| The Mosaic Tile Company of Virginia | 64.3 |
| Einstein Moomjy | 54.1 |
| Worldwide Wholesale Floor Covering | 48.3 |
| Weber Carpet | 46.5 |
| Natco Products | 46.4 |
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