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Company:
Prein & Newhof
Plan:
Prein & Newhof, Inc. Employee Stock Ownership Plan and Trust Agreement
 

Prein & Newhof

76 Plan: Prein & Newhof, Inc. Employee Stock Ownership Plan and Trust Agreement

 
 
76
28
72
89
0
10
20
30
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60
70
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90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (76) and the top rated plan (89) could equate to:
[How is this calculated?]
9 additional years of work
Up to $80,500 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

Prein & Newhof, Inc. Employee Stock Ownership Plan and Trust Agreement is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 76. This plan is in the top 15% of plans for Account Balances and Participation Rate. Prein & Newhof, Inc. Employee Stock Ownership Plan and Trust Agreement currently has fewer than 100 active participants and over $13.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
23
Plan Average: 24
Top 3 Funds in this 401k
1. Prein & Newhof Common Stock 20%
2. Russell LifePoints Balanced Strategy 17%
3. Russell LifePoints Growth Strategy 7%

 Retirement Plan Details

Address 3355 Evergreen Dr Ne
Grand Rapids, MI 49525 
Industry Engineering Services
Administrator Thomas J. Newhof
Net Plan Assets $13,300,000
Total Participants 92
Avg Account Balance $150,000

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Northwestern Mutual
Insurance Advisor/Broker Beene Garter, LLP
Administration Beene Garter, LLP
Administration Principal Financial Group
Auditor Jansen Valk Thompson & Reahm Pc

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