Schmitt Management Corporation
46
Plan:
Schmitt McDonalds 401k Plan
8
45
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (46) and the top rated plan (81) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $198,100 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
Schmitt McDonalds 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 46. This plan is in the top 35% of plans for Investment Menu Quality. Schmitt McDonalds 401k Plan currently has over 200 active participants and over $1.5M in plan assets.
Retirement Plan Details
| Address |
1975 W Downer Pl Ste 302
Aurora, IL 60506-4481 |
| Industry | Accommodation and Food Services |
| Administrator | Edward Schmitt Jr |
| Net Plan Assets | $1,510,000 |
| Total Participants | 250 |
| Avg Account Balance | $6,200 |
Compare Other Companies in Peer Group
| Warrantech | 55.3 |
| Cosi | 51.0 |
| P.J. Iowa L.C. | 45.9 |
| Monical Pizza | 42.8 |
| Watermark Donut Company | 40.1 |
| Phillips Brothers Restaurant | 6.8 |
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