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Company:
East Jordan Iron Works, Inc.
Plan:
East Jordan Iron Works, Inc. Savings Plan
 

East Jordan Iron Works, Inc.

74 Plan: East Jordan Iron Works, Inc. Savings Plan

 
 
74
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67
87
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For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (74) and the top rated plan (87) could equate to:
[How is this calculated?]
8 additional years of work
Up to $100,400 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

East Jordan Iron Works, Inc. Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74. This plan is in the top 35% of plans for Company Generosity, Investment Menu Quality, Participation Rate, and Total Plan Cost. East Jordan Iron Works, Inc. Savings Plan currently has over 1,000 active participants and over $44.5M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 301 Spring St.
East Jordan, MI 49727-5128 
Industry Manufacturing
Administrator William Lorne
Net Plan Assets $44,500,000
Total Participants 1,000
Avg Account Balance $44,000

 Compare Other Companies in Peer Group

H.C. Starck 77.9
ESCO 70.8
Haynes International 69.6
Luvata Buffalo 65.7
Bodycote IMT 65.7
Huron Casting 55.7

 Top 3 Funds in this 401k

1. Principal Trust Target 2020 13%
2. Principal Trust Target 2030 8%
3. Principal Large Cap S&P 500 Index 7%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Huntington National Bank
Administration Principal Financial Group
Auditor BDO Seidman, LLP

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