Magnetrol International, Inc.
72
Plan:
Magnetrol International, Inc. Employees 401k Profit Sharing Plan
36
65
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (72) and the top rated plan (81) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $89,600 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
Magnetrol International, Inc. Employees 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Magnetrol International, Inc. Employees 401k Profit Sharing Plan currently has over 400 active participants and over $33.1M in plan assets.
Retirement Plan Details
| Address |
5300 Belmont Road
Downers Grove, IL 60515 |
| Industry | Manufacturing |
| Administrator | Catherine Rizzo |
| Net Plan Assets | $33,100,000 |
| Total Participants | 450 |
| Avg Account Balance | $70,000 |
Compare Other Companies in Peer Group
| Translogic | 76.3 |
| Precor | 72.7 |
| Transitions Optical | 72.6 |
| Dometic | 69.2 |
| ODL | 62.9 |
| Magid Glove & Safety Manufacturing... | 58.3 |
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