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Company:
Fernco, Inc.
Plan:
Fernco, Inc. Profit Sharing Plan
 

Fernco, Inc.

61 Plan: Fernco, Inc. Profit Sharing Plan

 
 
61
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64
87
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For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (61) and the top rated plan (87) could equate to:
[How is this calculated?]
14 additional years of work
Up to $184,800 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

Fernco, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Account Balances and Investment Menu Quality. Fernco, Inc. Profit Sharing Plan currently has over 100 active participants and over $15.4M in plan assets.

 

 Retirement Plan Details

Address 300 S. Dayton Street
Davison, MI 48423 
Industry Manufacturing
Administrator Doreen Barrett
Net Plan Assets $15,400,000
Total Participants 180
Avg Account Balance $89,000

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 14%
2. PIMCO Total Return 9%
3. MassMutual Conservative Journey 7%

  Plan Service Providers

Insurance Carrier MassMutual
Insurance Advisor/Broker Jeffrey J Snider
Insurance Advisor/Broker Craig L. Miller
Administration The Midwest Pension Group, Inc.
Auditor Plante & Moran, PLLC

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