Fasteners, Inc.
62
Plan:
Fasteners, Inc. 401k Plan
32
58
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (62) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $142,700 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
Fasteners, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Account Balances. Fasteners, Inc. 401k Plan currently has fewer than 100 active participants and over $4.6M in plan assets.
Retirement Plan Details
| Address |
2909 Buchanan Ave Sw
Grand Rapids, MI 49548-1027 |
| Industry | Hardware Stores |
| Administrator | Nerissa Goodrich |
| Sponsor | David Buhr |
| Net Plan Assets | $4,570,000 |
| Total Participants | 94 |
| Avg Account Balance | $48,000 |
Compare Other Companies in Peer Group
| Bering Home Center | 58.2 |
| Buttery Company, LLP | 56.8 |
| Ashby Lumber Company | 56.7 |
| Paul B. Zimmerman | 56.2 |
| Ace Hardware Home Center Round Lake | 52.8 |
| Waters Hardware/Earthcare Services | 50.8 |
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