Michigan Cat
71
Plan:
36
56
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (71) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $15,700 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
Michigan Cat Profit Sharing and Savings Plan - Nonunion is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances and Total Plan Cost. Michigan Cat Profit Sharing and Savings Plan - Nonunion currently has over 300 active participants and over $51.7M in plan assets.
Retirement Plan Details
| Address |
24800 Novi Road
Novi, MI 48375 |
| Industry | All Other Motor Vehicle Dealers |
| Administrator | Dave Baldwin |
| Net Plan Assets | $51,700,000 |
| Total Participants | 350 |
| Avg Account Balance | $140,000 |
Compare Other Companies in Peer Group
| Cummins Rocky Mountain LLC | 69.4 |
| The Terteling Company | 67.8 |
| Yancey Bros. Co. | 62.2 |
| M. H. Logistics | 61.7 |
| Thompson Machinery Commerce | 61.0 |
| Truck Centers | 55.8 |
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