Summit Polymers Inc.
51
Plan:
34
64
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (51) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $237,800 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
Summit Polymers Inc. Employees Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Summit Polymers Inc. Employees Profit Sharing Plan currently has over 1,500 active participants and over $37.6M in plan assets.
Retirement Plan Details
| Address |
6715 S Sprinkle Rd
Portage, MI 49002 |
| Industry | Manufacturing |
| Administrator | Timothy Eccles |
| Net Plan Assets | $37,600,000 |
| Total Participants | 1,500 |
| Avg Account Balance | $25,000 |
Compare Other Companies in Peer Group
| Nice-Pak Products | 66.9 |
| FXI | 65.6 |
| Rehrig Pacific Company | 64.3 |
| Hilex Poly Co., LLC | 58.3 |
| Carpenter Co. | 56.1 |
| Spears Manufacturing Co. | 47.7 |
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