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Company:
Montana Metal Products, L.L.C.
Plan:
Montana Metal Products Employee 401k Plan
 

Montana Metal Products, L.L.C.

50 Plan: Montana Metal Products Employee 401k Plan

 
 
50
12
55
72
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (50) and the top rated plan (72) could equate to:
[How is this calculated?]
10 additional years of work
Up to $187,700 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

Montana Metal Products Employee 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 35% of plans for Investment Menu Quality and Participation Rate. Montana Metal Products Employee 401k Plan currently has over 100 active participants and over $2.6M in plan assets.

 

 Retirement Plan Details

Address 25 Howard Ave
Des Plaines, IL 60018-1901 
Industry Manufacturing
Net Plan Assets $2,590,000
Total Participants 120
Avg Account Balance $23,000

 Top 3 Funds in this 401k

1. Total Guaranteed Investment Contracts 35%
2. Principal Large Cap Blend I 11%
3. Principal Money Market 10%

  Plan Service Providers

Auditor McGladrey
Administration Principal Financial Group
Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Benefit Planning Associates
Insurance Advisor/Broker Mesirow Financial

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