A.L. Damman Company
22
Plan:
A.L. Damman Co. Employee 401k Savings Plan
13
53
74
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 52 point difference between this plan's BrightScope Rating (22) and the top rated plan (74) could equate to:
[How is this calculated?]
[How is this calculated?]
22 additional years of work Up to $428,800 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
A.L. Damman Co. Employee 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 22. This plan is in the top 15% of plans for Investment Menu Quality. A.L. Damman Co. Employee 401k Savings Plan currently has fewer than 100 active participants and over $115.0K in plan assets.
Retirement Plan Details
| Address |
903 N Opdyke Rd Ste A-1
Auburn Hills, MI 48326-2693 |
| Industry | Hardware Stores |
| Net Plan Assets | $110,000 |
| Total Participants | 13 |
| Avg Account Balance | $8,800 |
Compare Other Companies in Peer Group
| ACO | 63.4 |
| Intermountain Farmers Association | 57.7 |
| M.G. Building Materials | 54.8 |
| ACE Hardware of Chattanooga | 52.3 |
| Hight Enterprises, Ltd. | 42.8 |
| Nyberg's Ace Hardware | 37.9 |
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