Howard Miller Clock Company
61
Plan:
36
59
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (61) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $71,500 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
Howard Miller Hekman Profit Sharing and 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Investment Menu Quality. Howard Miller Hekman Profit Sharing and 401k Savings Plan currently has over 300 active participants and over $24.0M in plan assets.
Retirement Plan Details
| Address |
860 East Main Street
Zeeland, MI 49464 |
| Industry | Manufacturing |
| Administrator | Mark Bleeker |
| Sponsor | Dennis J. Palasek |
| Net Plan Assets | $24,000,000 |
| Total Participants | 370 |
| Avg Account Balance | $64,000 |
Compare Other Companies in Peer Group
| Albany Industries | 72.2 |
| TMI Systems Design | 64.3 |
| Kewaunee Scientific | 63.7 |
| Harbor Industries | 63.4 |
| Sauder Manufacturing Co. | 61.5 |
| Trendway | 60.4 |
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