Magid Glove & Safety Manufacturing Company, L.L.C.
65
Plan:
Magid Glove & Safety Manufacturing Company, L.L.C. 401k and Profit Sharing Plan
40
66
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (65) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $140,300 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
Magid Glove & Safety Manufacturing Company, L.L.C. 401k and Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Account Balances, Company Generosity, and Total Plan Cost. Magid Glove & Safety Manufacturing Company, L.L.C. 401k and Profit Sharing Plan currently has over 400 active participants and over $29.2M in plan assets.
Retirement Plan Details
| Address |
2060 N. Kolmar Avenue
Chicago, IL 60639 |
| Industry | Manufacturing |
| Administrator | Scott Conidi |
| Net Plan Assets | $29,200,000 |
| Total Participants | 400 |
| Avg Account Balance | $75,000 |
Compare Other Companies in Peer Group
| American Superconductor | 79.4 |
| RTC Industries | 73.1 |
| New Pig | 70.2 |
| Lockheed Martin | 65.0 |
| David Clark Company | 61.3 |
| Innovance | 60.6 |
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