Steel Grip, Inc.
53
Plan:
Steel Grip, Inc. Employees' Profit Sharing and Savings Plan
32
62
78
0
10
20
30
40
50
60
70
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90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (53) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $220,900 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
Steel Grip, Inc. Employees' Profit Sharing and Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 35% of plans for Account Balances. Steel Grip, Inc. Employees' Profit Sharing and Savings Plan currently has over 200 active participants and over $8.6M in plan assets.
Retirement Plan Details
| Address |
700 Garfield Pl
Danville, IL 61832-3364 |
| Industry | Manufacturing |
| Administrator | Tom Mcgurk Jr. |
| Net Plan Assets | $8,560,000 |
| Total Participants | 220 |
| Avg Account Balance | $39,000 |
Compare Other Companies in Peer Group
| Capewell Components Company LLC | 69.0 |
| Environmental Tectonics | 66.0 |
| Radiator Specialty Company | 65.0 |
| Kellogg Supply | 64.1 |
| Interface Solutions | 59.6 |
| The Swan | 52.6 |
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