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Company:
Thermico, Inc.
Plan:
Thermico, Inc. Employee Savings & Protection Plan
 

Thermico, Inc.

52 Plan: Thermico, Inc. Employee Savings & Protection Plan

 
 
52
13
53
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (52) and the top rated plan (77) could equate to:
[How is this calculated?]
11 additional years of work
Up to $174,600 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

Thermico, Inc. Employee Savings & Protection Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 52. This plan is in the top 15% of plans for Participation Rate. Thermico, Inc. Employee Savings & Protection Plan currently has over 100 active participants and over $2.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
30
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. John Hancock Retirement Living through 2020 27%
2. John Hancock Retirement Living through 2025 18%
3. John Hancock Funds II Lifestyle Balanced 16%

 
Plan Component Ratings

 Retirement Plan Details

Address 3405 Centennial Drive Suite 2
Midland, MI 48642 
Industry Construction
Administrator Mark Thompson
Net Plan Assets $2,310,000
Total Participants 160
Avg Account Balance $15,000

 Compare Other Companies in Peer Group

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TRL Systems 52.7
Central Concrete Supermix 48.0
Asbestos Workers Local $25 401k Plan 46.3

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Shoreline Insurance Services, Inc.
Recordkeeper John Hancock
Auditor Mcmahan, Thomson & Associates, P.C.

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