G & T Industries, Inc.
71
Plan:
G & T Industries, Inc. Savings & Employee Stock Ownership Plan
4
58
83
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 (71) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $90,400 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
G & T Industries, Inc. Savings & 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 71, 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 & Employee Stock Ownership Plan currently has over 300 active participants and over $20.3M in plan assets.
Retirement Plan Details
| Address |
1001 76th St Sw
Byron Center, MI 49315-7956 |
| Industry | Manufacturing |
| Administrator | John A. Kaminski |
| Sponsor | Darryl Kragt |
| Net Plan Assets | $20,300,000 |
| Total Participants | 360 |
| Avg Account Balance | $30,000 |
Compare Other Companies in Peer Group
| The Medtech Group | 73.8 |
| East Jordan Plastics | 61.7 |
| Arlington Industries | 58.0 |
| Mikros Engineering | 55.6 |
| Micro Plastics | 52.9 |
| Parker-Hannifin | 49.8 |
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