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Company:
Painters Supply & Equipment Company
Plan:
Painters Supply 401k and Profit Sharing Plan
 

Painters Supply & Equipment Company

53 Plan: Painters Supply 401k and Profit Sharing Plan

 
 
53
21
61
93
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 40 point difference between this plan's BrightScope Rating (53) and the top rated plan (93) could equate to:
[How is this calculated?]
23 additional years of work
Up to $253,700 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

Painters Supply 401k and Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 35% of plans for Account Balances. Painters Supply 401k and Profit Sharing Plan currently has over 200 active participants and over $13.1M in plan assets.


 Investment Menu Statistics

No. of Investment Options
22
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. BlackRock LifePath Retirement 28%
2. BlackRock LifePath 2020 25%
3. Bank of America Retirement Preservation Trust 8%

 Retirement Plan Details

Address 25195 Brest Road
Taylor, MI 48180 
Industry Paint, Varnish, and Supplies Merchant Wholesalers
Administrator Joan Dombroski
Net Plan Assets $13,100,000
Total Participants 200
Avg Account Balance $71,000

  Plan Service Providers

Recordkeeper Bank of America Merrill Lynch
Auditor Derderian, Kann, Seyferth & Salucci