Home  >   401k Directory   >   Oakwood Metal Fabricating Co.
 
Company:
Oakwood Metal Fabricating Co.
Plan:
Oakwood Metal Fabricating Co. 401k Plan
 

Oakwood Metal Fabricating Co.

64 Plan:

 
 
64
24
59
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (64) and the top rated plan (79) could equate to:
[How is this calculated?]
7 additional years of work
Up to $83,100 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

Oakwood Metal Fabricating Co. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Account Balances, Investment Menu Quality, and Salary Deferral. Oakwood Metal Fabricating Co. 401k Plan currently has over 100 active participants and over $4.7M in plan assets.


 Investment Menu Statistics

No. of Investment Options
33
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Dreyfus S&P 500 Index 19%
2. American Century Ultra 6%
3. MFS Utilities 6%

 Retirement Plan Details

Address 1100 Oakwood Blvd
Dearborn, MI 48124-2820 
Industry Manufacturing
Administrator Tom Perkins
Net Plan Assets $4,710,000
Total Participants 120
Avg Account Balance $55,000

 Compare Other Companies in Peer Group

Wisco Industries 61.2
Unit Drop Forge Co. 59.4
Wrought Washer Mfg. 59.4
Abrasive-Form 59.0
Pentaflex 57.0
Bopp-Busch Manufacturing Company 48.8

  Plan Service Providers

Auditor Plante & Moran, PLLC
Insurance Carrier Guardian Insurance & Annuity Company, Inc.
Insurance Advisor/Broker NFP Securities, Inc.