Home  >   401k Directory   >   Allied Electric, Inc.
 
Company:
Allied Electric, Inc.
Plan:
Allied Electric, Inc. Profit Savings and Retirement Plan
 

Allied Electric, Inc.

59 Plan: Allied Electric, Inc. Profit Savings and Retirement Plan

 
 
59
3
59
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (59) and the top rated plan (86) could equate to:
[How is this calculated?]
14 additional years of work
Up to $161,400 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

Allied Electric, Inc. Profit Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. Allied Electric, Inc. Profit Savings and Retirement Plan currently has over 200 active participants and over $5.8M in plan assets.

 

 Retirement Plan Details

Address 2503 Waldorf Court N.W.
Grand Rapids, MI 49544 
Industry Electrical Contractors and Other Wiring Installation Contractors
Administrator Tom Vandenbosch
Net Plan Assets $5,820,000
Total Participants 220
Avg Account Balance $27,000

 Top 3 Funds in this 401k

1. American Funds Target Date Retirement 2020 24%
2. American Funds Growth Fund of America 15%
3. American Funds Capital World Growth and Income 9%

  Plan Service Providers

Recordkeeper Watkins, Ross & Co.
Auditor Beene Garter, LLP

 Comments