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Company:
W.D. Matthews Machinery Co.
Plan:
W.D. Matthews Machinery Co. Profit Sharing Plan and Trust
 

W.D. Matthews Machinery Co.

63 Plan: W.D. Matthews Machinery Co. Profit Sharing Plan and Trust

 
 
63
18
60
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (63) and the top rated plan (87) could equate to:
[How is this calculated?]
13 additional years of work
Up to $137,500 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

W.D. Matthews Machinery Co. Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 15% of plans for Investment Menu Quality. W.D. Matthews Machinery Co. Profit Sharing Plan and Trust currently has over 100 active participants and over $6.6M in plan assets.

 

 Retirement Plan Details

Address 901 Center St
Auburn, ME 04210-6456 
Industry Wholesale Trade
Administrator Ronald A. Cloutir
Sponsor Ronald A. Cloutier
Net Plan Assets $6,620,000
Total Participants 130
Avg Account Balance $51,000

 Compare Other Companies in Peer Group

Waxman Industries 69.5
Irvine Scientific Sales Company 67.5
Rsr Group 61.1
Health Care Logistic 56.2
Incentive Promotions 49.5
Blain Supply 38.3

 Top 3 Funds in this 401k

1. Keybank Guaranteed Investment Contract 22%
2. Principal Large Cap S&P 500 Index 16%
3. Principal LifeTime 2010 12%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Auditor Ouellette & Associates

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