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Company:
LECO Corporation
Plan:
LECO Corporation 401k Retirement Plan
 

LECO Corporation

69 Plan: LECO Corporation 401k Retirement Plan

 
 
69
41
73
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (69) and the top rated plan (87) could equate to:
[How is this calculated?]
10 additional years of work
Up to $160,700 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

LECO Corporation 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Total Plan Cost. LECO Corporation 401k Retirement Plan currently has over 800 active participants and over $90.5M in plan assets.


 Investment Menu Statistics

No. of Investment Options
28
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Voya Stable Value Fund 55%
2. Voya T. Rowe Price Growth Equity 5%
3. Neuberger Berman Genesis 3%

 Retirement Plan Details

Address Joel D. Debruyne
3000 Lakeview Avenue
St. Joseph, MI 49085-2396 
Industry Manufacturing
Administrator Joel D. Debruyne
Net Plan Assets $90,500,000
Total Participants 820
Avg Account Balance $110,000

  Plan Service Providers

Insurance Carrier Voya Financial (ING)
Insurance Advisor/Broker Voya Financial (ING)
Auditor BDO Seidman, LLP