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Company:
Saginaw Products Corporation
Plan:
Saginaw Products Corporation 401k Plan
 

Saginaw Products Corporation

59 Plan: Saginaw Products Corporation 401k Plan

 
 
59
32
58
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (59) and the top rated plan (79) could equate to:
[How is this calculated?]
10 additional years of work
Up to $93,300 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

Saginaw Products Corporation 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. Saginaw Products Corporation 401k Plan currently has over 100 active participants and over $5.8M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
19
Plan Average: 24
Top 3 Funds in this 401k
1. MetLife Guaranteed Investment Contract 20%
2. American Funds Growth Fund of America 13%
3. Invesco Moderate Allocation 11%

 Retirement Plan Details

Address 68 Williamson Street
Saginaw, MI 48601-3246 
Industry Manufacturing
Administrator John Hutchinson
Net Plan Assets $5,840,000
Total Participants 160
Avg Account Balance $49,000

 Compare Other Companies in Peer Group

Torca Products 67.7
Cross Manufacturing 66.6
Nor-Cal Products 65.0
Franklin Machine Products 62.3
Wipaire 60.5
Eldre 53.8

  Plan Service Providers

Investment Adviser Premier Financial Group
Recordkeeper DailyAccess Corporation
Consultant DailyAccess Corporation
Auditor Andrews Hooper & Pavlik P.L.C.

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