Paragon Die & Engineering Company
65
Plan:
The Paragon Die & Engineering Company Retirement Savings Plan
35
64
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (65) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $62,200 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
The Paragon Die & Engineering Company Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Account Balances and Participation Rate. The Paragon Die & Engineering Company Retirement Savings Plan currently has over 100 active participants and over $11.7M in plan assets.
Retirement Plan Details
| Address |
5225 33rd Street Se
Grand Rapids, MI 49512-2071 |
| Industry | Manufacturing |
| Administrator | Lucas Bates |
| Net Plan Assets | $11,700,000 |
| Total Participants | 160 |
| Avg Account Balance | $74,000 |
Compare Other Companies in Peer Group
| Mettler-Toledo | 80.5 |
| Schenck Accurate | 76.4 |
| GMK Companies | 75.6 |
| Pemco | 75.5 |
| Follett | 68.6 |
| Buhler Aeroglide | 67.1 |
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