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Company:
G & T Industries, Inc
Plan:
G & T Industries, Inc Savings And Employee Stock Ownership Plan
 

G & T Industries, Inc

73 Plan: G & T Industries, Inc Savings And Employee Stock Ownership Plan

 
 
73
29
61
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (73) and the top rated plan (85) could equate to:
[How is this calculated?]
7 additional years of work
Up to $84,800 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

G & T Industries, Inc Savings And Employee Stock Ownership Plan is a defined contribution plan with a profit-sharing component, 401k feature, and leveraged ESOP component. This plan has a BrightScope Rating of 73, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity and Total Plan Cost. G & T Industries, Inc Savings And Employee Stock Ownership Plan currently has over 300 active participants and over $14.4M in plan assets.


 Investment Menu Statistics

No. of Investment Options
28
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. G&T Industries, Inc. Common Stock 62%
2. Vanguard Total Bond Market Index 4%
3. Metropolitan West Intermediate Bond 4%

 Retirement Plan Details

Address 1001 76th Street Sw
Byron Center, MI 49315 
Industry Manufacturing
Administrator Darryl Kragt
Net Plan Assets $14,400,000
Total Participants 320
Avg Account Balance $54,000

 
Plan Service Providers

Insurance Carrier Great-West Life
Recordkeeper Great-West Life
Auditor Hungerford, Aldrin, Nichols & Carter, P.C.