Burke E. Porter Machinery Company
73
Plan:
Burke E. Porter Machinery Company Retirement and Savings Plan
36
64
82
0
10
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30
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60
70
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100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (73) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $31,700 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
Burke E. Porter Machinery Company Retirement and Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 15% of plans for Account Balances, Investment Menu Quality, and Salary Deferral. Burke E. Porter Machinery Company Retirement and Savings Plan currently has over 100 active participants and over $11.6M in plan assets.
Retirement Plan Details
| Address |
730 Plymouth Ave Ne
Grand Rapids, MI 49505-6034 |
| Industry | Manufacturing |
| Administrator | Deborah A. Gancarz |
| Net Plan Assets | $11,600,000 |
| Total Participants | 130 |
| Avg Account Balance | $87,000 |
Compare Other Companies in Peer Group
| KUKA Assembly and Test | 79.3 |
| Lawrence Pumps | 76.7 |
| Vector | 71.8 |
| Roberts Sinto | 63.9 |
| Gaston County Dyeing Machine Company | 63.8 |
| Consarc | 62.5 |
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