Springfield Electric Supply Company
71
Plan:
45
67
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (71) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $63,600 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
Springfield Electric Supply Company 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 35% of plans for Account Balances, Investment Menu Quality, Participation Rate, and Salary Deferral. Springfield Electric Supply Company 401k Profit Sharing Plan currently has over 200 active participants and over $15.2M in plan assets.
Retirement Plan Details
| Address |
700 North 9th Street
Po Box 4106 Springfield, IL 62708 |
| Industry | Wholesale Trade |
| Administrator | Becky Lewis |
| Net Plan Assets | $15,200,000 |
| Total Participants | 290 |
| Avg Account Balance | $53,000 |
Compare Other Companies in Peer Group
| NDS Americas | 83.9 |
| Electrosonic | 72.6 |
| Sager Electrical Supply Co. | 67.1 |
| Echo Group | 65.0 |
| Coghlin Electric Company | 63.2 |
| Electrical Equipment Company | 53.3 |
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