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Company:
Martin Automatic, Inc.
Plan:
Martin Automatic, Inc./Arachnid Profit Sharing 401k Plan
 

Martin Automatic, Inc.

65 Plan: Martin Automatic, Inc./Arachnid Profit Sharing 401k Plan

 
 
65
3
67
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (65) and the top rated plan (86) could equate to:
[How is this calculated?]
11 additional years of work
Up to $119,000 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

Martin Automatic, Inc./Arachnid Profit Sharing 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Account Balances and Salary Deferral. Martin Automatic, Inc./Arachnid Profit Sharing 401k Plan currently has over 200 active participants and over $12.1M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
14
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Janus Overseas 18%
2. American Funds Growth Fund of America 15%
3. BMO Diversified Stock 10%

 Retirement Plan Details

Address 1661 Northrock Ct.
Rockford, IL 61103 
Industry Manufacturing
Administrator Gerald Zdeb
Net Plan Assets $12,100,000
Total Participants 230
Avg Account Balance $71,000

  Plan Service Providers

Corporate Trustee Marshall & Ilsley
Recordkeeper Marshall & Ilsley
Auditor CliftonLarsonAllen LLP

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