The Baker Company
68
Plan:
The Baker Company Profit Sharing and Retirement Plan
36
64
82
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 (68) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $44,800 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 Baker Company Profit Sharing and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 35% of plans for Account Balances and Participation Rate. The Baker Company Profit Sharing and Retirement Plan currently has over 100 active participants and over $10.0M in plan assets.
Retirement Plan Details
| Address |
161 Gatehouse Road, P.O. Drawer E
Sanford, ME 04073 |
| Industry | Manufacturing |
| Administrator | William Williams |
| Net Plan Assets | $10,000,000 |
| Total Participants | 160 |
| Avg Account Balance | $63,000 |
Compare Other Companies in Peer Group
| Lawrence Pumps | 76.7 |
| CMD | 74.5 |
| Belvac Production Machinery | 73.4 |
| Vector | 71.8 |
| Gardner Denver | 63.0 |
| Arrowhead Systems | 62.0 |
Comments