Buist Electric Company, Inc.
62
Plan:
21
60
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (62) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $144,100 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
Buist Electric Inc. Employee Stock Ownership Plan is a defined contribution plan with a leveraged ESOP component. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Total Plan Cost. Buist Electric Inc. Employee Stock Ownership Plan currently has over 200 active participants and over $8.3M in plan assets.
Retirement Plan Details
| Address |
8650 Byron Center Avenue
Byron Center, MI 49315-9201 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Brent Brinks |
| Net Plan Assets | $8,310,000 |
| Total Participants | 250 |
| Avg Account Balance | $24,000 |
Compare Other Companies in Peer Group
| Professional Electrical... | 67.9 |
| APG Electric | 65.2 |
| Sunwest Electric | 63.9 |
| American Alarm & Communications | 62.8 |
| Republic Intelligent... | 60.7 |
| Enterprise Electric, LLC | 49.8 |
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