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Company:
Anderson Development Company
Plan:
Anderson Development Company Employees Retirement Savings Plan
 

Anderson Development Company

75 Plan: Anderson Development Company Employees Retirement Savings Plan

 
 
75
42
65
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (75) and the top rated plan (87) could equate to:
[How is this calculated?]
8 additional years of work
Up to $73,200 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

Anderson Development Company Employees Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75. This plan is in the top 15% of plans for Account Balances and Salary Deferral. Anderson Development Company Employees Retirement Savings Plan currently has over 200 active participants and over $15.2M in plan assets.

 

 Retirement Plan Details

Address 1415 East Michigan Street
Adrian, MI 49221 
Industry Manufacturing
Administrator Ron Michalak
Net Plan Assets $15,200,000
Total Participants 210
Avg Account Balance $73,000

 Top 3 Funds in this 401k

1. Morley Stable Value Fund 21%
2. Vanguard 500 Index 7%
3. Columbia Short Term Bond 7%

  Plan Service Providers

Recordkeeper Ascensus, Inc.
Auditor Ernst & Young

 Comments