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

Prein & Newhof

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

 
 
79
40
72
87
0
10
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100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (79) and the top rated plan (87) could equate to:
[How is this calculated?]
6 additional years of work
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 79, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Investment Menu Quality, Participation Rate, and Salary Deferral. Prein & Newhof, Inc. Employee Stock Ownership Plan and Trust Agreement currently has over 100 active participants and over $14.8M in plan assets.

 

 Retirement Plan Details

Address 3355 Evergreen Dr Ne
Grand Rapids, MI 49525 
Industry Engineering Services
Administrator Thomas J. Newhof
Net Plan Assets $14,800,000
Total Participants 110
Avg Account Balance $140,000

 Top 3 Funds in this 401k

1. Russell LifePoints Balanced Strategy 26%
2. Prein & Newhof Common Stock 13%
3. Principal Large Cap S&P 500 Index 6%

  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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