Andersen & Associates, Inc.
52
Plan:
Andersen & Associates, Inc. Employees Profit Sharing and Thrift Plan and Trust
43
64
86
0
10
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100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (52) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
17 additional years of work Up to $173,700 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
Andersen & Associates, Inc. Employees Profit Sharing and Thrift Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 52. This plan is in the top 15% of plans for Investment Menu Quality. Andersen & Associates, Inc. Employees Profit Sharing and Thrift Plan and Trust currently has over 200 active participants and over $8.5M in plan assets.
Retirement Plan Details
| Address |
30575 Andersen Court
P.O. Box 1015 Wixom, MI 48393-1015 |
| Industry | Wholesale Trade |
| Administrator | Patrick Feheley |
| Net Plan Assets | $8,530,000 |
| Total Participants | 220 |
| Avg Account Balance | $39,000 |
Compare Other Companies in Peer Group
| E.O. Johnson Company | 71.2 |
| Morrell | 64.1 |
| Deltrol | 63.9 |
| Ritter Technology, LLC | 61.5 |
| J.M. Equipment Company | 58.9 |
| Parts Associates | 46.7 |
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