Detroit Forming, Inc.
59
Plan:
Detroit Forming Inc. Employees Retirement Benefit Plan and Trust
22
55
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (59) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $107,300 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
Detroit Forming Inc. Employees Retirement Benefit Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 15% of plans for Participation Rate. Detroit Forming Inc. Employees Retirement Benefit Plan and Trust currently has over 300 active participants and over $11.9M in plan assets.
Retirement Plan Details
| Address |
19100 West Eight Mile Road
Southfield, MI 48075-5726 |
| Industry | Manufacturing |
| Administrator | Andrew Rodney |
| Net Plan Assets | $11,900,000 |
| Total Participants | 390 |
| Avg Account Balance | $32,000 |
Compare Other Companies in Peer Group
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| Daramic, LLC | 61.3 |
| Dayton Parts, LLC | 60.3 |
| Vernay Laboratories | 38.7 |
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