Hess Industries, Inc.
62
Plan:
Hess Industries, Inc. 401k Plan
32
64
82
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (62) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $65,000 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
Hess Industries, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Account Balances. Hess Industries, Inc. 401k Plan currently has over 200 active participants and over $13.6M in plan assets.
Retirement Plan Details
| Address |
30257 Redfield St
Niles, MI 49120 |
| Industry | Manufacturing |
| Administrator | Derise Marden |
| Sponsor | Robert Bentley |
| Net Plan Assets | $13,600,000 |
| Total Participants | 240 |
| Avg Account Balance | $56,000 |
Compare Other Companies in Peer Group
| Heraeus Electro-Nite Co., LLC | 78.1 |
| Garr Tool Company | 76.0 |
| Red Bud Industries | 75.9 |
| Messer Cutting Systems | 74.5 |
| Ace Precision Machining | 67.4 |
| Hydromat, Inc. of St. Louis | 63.4 |
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