Peerless Steel Company
52
Plan:
Peerless Steel Company Employees' Profit Sharing and 401k Plan
52
25
63
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (52) and the top rated plan (85) could equate to:
[How is this calculated?]
15 additional years of work
Up to $241,000 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.
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Retirement Plan Description
Peerless Steel Company Employees' Profit Sharing and 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 52. This plan is in the top 35% of plans for Account Balances. Peerless Steel Company Employees' Profit Sharing and 401k Plan currently has over 100 active participants and over $7.4M in plan assets.
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