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Company:
The Spiratex Company
Plan:
The Spiratex Company Retirement Plan
 

The Spiratex Company

69 Plan: The Spiratex Company Retirement Plan

 
 
69
40
66
86
0
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For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (69) and the top rated plan (86) could equate to:
[How is this calculated?]
10 additional years of work
Up to $74,900 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

The Spiratex Company Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Account Balances. The Spiratex Company Retirement Plan currently has over 100 active participants and over $15.0M in plan assets.

 

 Retirement Plan Details

Address 6333 Cogswell St
Romulus, MI 48174-4039 
Industry Manufacturing
Administrator Cheryl Grissett
Net Plan Assets $15,000,000
Total Participants 110
Avg Account Balance $130,000

 Compare Other Companies in Peer Group

Smithers-Oasis Company 77.2
Kaufman Container Company 71.5
Comar 65.9
Vernay Laboratories 64.3
Polytop 56.6
Associated Sales & Bag Company 53.5

 Top 3 Funds in this 401k

1. Principal LifeTime 2030 18%
2. American Funds Growth Fund of America 7%
3. Principal LifeTime 2040 6%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Hilliard Lyons
Administration Principal Financial Group
Auditor Mrpr Group, CPAS & Advisors

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