Allan Tool & Machine Co., Inc.
49
Plan:
Allan Tool & Machine Co., Inc. and Scott Machine Products, Inc.
3
59
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (49) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $224,600 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
Allan Tool & Machine Co., Inc. and Scott Machine Products, Inc. is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 49. This plan is in the top 35% of plans for Account Balances, Participation Rate, and Total Plan Cost. Allan Tool & Machine Co., Inc. and Scott Machine Products, Inc. currently has fewer than 100 active participants and over $5.3M in plan assets.
Retirement Plan Details
| Address |
1822 E Maple Rd
Troy, MI 48083-4240 |
| Industry | Manufacturing |
| Administrator | Jeffrey M Scott |
| Net Plan Assets | $5,290,000 |
| Total Participants | 96 |
| Avg Account Balance | $55,000 |
Compare Other Companies in Peer Group
| Wauseon Machine & Manufacturing | 68.2 |
| NFM Welding Engineers | 67.5 |
| Mercury Manufacturing Co. | 59.4 |
| RIMA Manufacturing Company | 52.0 |
| FASTCO Industries | 49.6 |
| Best Tool & Manufacturing Company | 49.5 |
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