Spicer Group, Inc.
68
Plan:
Spicer Group, Inc. 401k Profit Sharing Plan
39
70
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (68) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $133,200 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
Spicer Group, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 35% of plans for Account Balances, Company Generosity, and Participation Rate. Spicer Group, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $8.0M in plan assets.
Retirement Plan Details
| Address |
230 S Washington Ave
Saginaw, MI 48607-1243 |
| Industry | Engineering Services |
| Administrator | Cindy Frazier |
| Sponsor | Donald Scherzer |
| Net Plan Assets | $7,990,000 |
| Total Participants | 140 |
| Avg Account Balance | $61,000 |
Compare Other Companies in Peer Group
| KSA Engineers | 74.1 |
| Wallace-Kuhl & Associates | 74.1 |
| Rowe | 70.7 |
| Desman | 70.6 |
| McFarland-Johnson | 65.6 |
| George G. Sharp | 62.8 |
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