Illinois Machine & Tool Works, LLC
56
Plan:
31
63
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (56) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $201,500 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
Illinois Machine & Tool Works, LLC 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. Illinois Machine & Tool Works, LLC 401k Retirement Savings Plan currently has over 100 active participants and over $1.9M in plan assets.
Retirement Plan Details
| Address |
1961 Edgewater Drive
North Pekin, IL 61554 |
| Industry | Manufacturing |
| Administrator | Richard C. Johnson, Cfo |
| Net Plan Assets | $1,850,000 |
| Total Participants | 120 |
| Avg Account Balance | $15,000 |
Compare Other Companies in Peer Group
| Seabrook International, LLC | 65.6 |
| Ashley F. Ward | 57.3 |
| Suhner Manufacturing | 54.5 |
| Algonquin Industries | 54.1 |
| Swiss Tech, LLC | 51.8 |
| Lyon Gear & Machine | 44.4 |
Comments