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Company:
MagnetStreet, Inc.
Plan:
MagnetStreet, Inc. Employees' 401k Savings and Profit Sharing Plan
 

MagnetStreet, Inc.

61 Plan: MagnetStreet, Inc. Employees' 401k Savings and Profit Sharing Plan

 
 
61
24
58
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (61) and the top rated plan (84) could equate to:
[How is this calculated?]
12 additional years of work
Up to $117,200 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

MagnetStreet, Inc. Employees' 401k Savings and Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Participation Rate. MagnetStreet, Inc. Employees' 401k Savings and Profit Sharing Plan currently has over 100 active participants and over $1.4M in plan assets.

 

 Retirement Plan Details

Address 285 W Loop Rd
Wheaton, IL 60187-1036 
Industry Manufacturing
Sponsor Brian Baird
Net Plan Assets $1,380,000
Total Participants 160
Avg Account Balance $10,000

 Top 3 Funds in this 401k

1. Hartford Midcap 23%
2. Hartford Capital Appreciation 16%
3. Hartford Dividend & Growth 12%

  Plan Service Providers

Auditor Selden Fox, Ltd.
Insurance Carrier Hartford
Insurance Advisor/Broker Edward Jones

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