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Company:
Atlas Tool, Inc.
Plan:
Atlas Tool, Inc. 401k Savings and Retirement Plan
 

Atlas Tool, Inc.

55 Plan: Atlas Tool, Inc. 401k Savings and Retirement Plan

 
 
55
20
67
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (55) and the top rated plan (85) could equate to:
[How is this calculated?]
15 additional years of work
Up to $154,600 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

Atlas Tool, Inc. 401k Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Account Balances and Participation Rate. Atlas Tool, Inc. 401k Savings and Retirement Plan currently has over 100 active participants and over $11.9M in plan assets.

 

 Retirement Plan Details

Address 29880 Groesbeck Hwy
Roseville, MI 48066-1925 
Industry Finance and Insurance
Administrator Eliabeth Schmidt
Net Plan Assets $11,900,000
Total Participants 180
Avg Account Balance $67,000

 Top 3 Funds in this 401k

1. Federated Mid-Cap Index 16%
2. Fifth Third Prime Money Market 15%
3. American Funds Growth Fund of America 15%

  Plan Service Providers

Investment Adviser Fifth Third Bank
Auditor Plante & Moran, PLLC

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