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Company:
Saco Industries, Inc.
Plan:
Saco Industries, Inc. 401k Profit Sharing Plan
 

Saco Industries, Inc.

60 Plan: Saco Industries, Inc. 401k Profit Sharing Plan

 
 
60
11
58
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (60) and the top rated plan (84) could equate to:
[How is this calculated?]
12 additional years of work
Up to $142,000 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

Saco Industries, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Company Generosity and Participation Rate. Saco Industries, Inc. 401k Profit Sharing Plan currently has fewer than 100 active participants and over $1.2M in plan assets.

 

 Retirement Plan Details

Address 17151 Morse St
Lowell, IN 46356-1433 
Industry Manufacturing
Administrator Jennifer Kidd
Net Plan Assets $1,240,000
Total Participants 71
Avg Account Balance $18,000

 Top 3 Funds in this 401k

1. Principal LifeTime 2020 18%
2. Principal LifeTime 2030 11%
3. Principal Stable Value Fund 9%

  Plan Service Providers

Auditor The Condon Group, Ltd
Insurance Carrier Lincoln Financial
Insurance Advisor/Broker Joseph A. Ballarino
Insurance Advisor/Broker Market Share, Inc.

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