The Thomas Monahan Company
56
Plan:
The Thomas Monahan Company Employees Profit Sharing and 401k Plan
4
58
83
0
10
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30
40
50
60
70
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100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (56) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $140,500 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
The Thomas Monahan Company Employees Profit Sharing and 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 35% of plans for Total Plan Cost. The Thomas Monahan Company Employees Profit Sharing and 401k Plan currently has over 200 active participants and over $2.9M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 250
Arcola, IL 61910-0250 |
| Industry | Manufacturing |
| Administrator | Janice Carter |
| Sponsor | T.F. Monahan |
| Net Plan Assets | $2,920,000 |
| Total Participants | 220 |
| Avg Account Balance | $13,000 |
Compare Other Companies in Peer Group
| Blazer Industries | 61.2 |
| Palmer Manufacturing and Tank | 49.0 |
| Dixie Metal Products | 49.0 |
| Cable Manufacturing & Assembly Co. | 46.1 |
| Magnetic & Penetrant Services | 44.4 |
| Hotwatt | 37.2 |
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