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Company:
Trans-Matic Mfg. Co., Inc.
Plan:
The Employee Profit Sharing and 401k Plan for Employees of Trans-Matic Mfg. Co., Inc.
 

Trans-Matic Mfg. Co., Inc.

71 Plan: The Employee Profit Sharing and 401k Plan for Employees of Trans-Matic Mfg. Co., Inc.

 
 
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71
86
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For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (71) and the top rated plan (86) could equate to:
[How is this calculated?]
8 additional years of work
Up to $122,400 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 Employee Profit Sharing and 401k Plan for Employees of Trans-Matic Mfg. Co., Inc. is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Participation Rate. The Employee Profit Sharing and 401k Plan for Employees of Trans-Matic Mfg. Co., Inc. currently has over 200 active participants and over $19.4M in plan assets.

 

 Retirement Plan Details

Address 300 E. 48th Street
Holland, MI 49423-5301 
Industry Manufacturing
Administrator Randy Utting
Net Plan Assets $19,400,000
Total Participants 300
Avg Account Balance $67,000

 Compare Other Companies in Peer Group

Fiskars Brands 74.7
Cleaver-Brooks 70.3
Snap-on 67.9
Ames True Temper 63.5
MSC Industrial Direct Co. 62.4
NCI Building Systems 60.4

 Top 3 Funds in this 401k

1. Prudential Retirement Goal 2030 17%
2. Prudential Guaranteed Income Fund 15%
3. Prudential Retirement Goal 2020 10%

  Plan Service Providers

Insurance Carrier Prudential
Insurance Advisor/Broker Snook Housey Advisors
Recordkeeper Prudential
Auditor Hungerford, Aldrin, Nichols & Carter, P.C.

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