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 59. 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 $13.5M in plan assets.
| Address |
300 S. Dayton Street
Davison, MI 48423 |
| Industry | Manufacturing |
| Administrator | Doreen Barrett |
| Net Plan Assets | $13,500,000 |
| Total Participants | 180 |
| Avg Account Balance | $79,000 |
| Anderson Development Company | 77.3 |
| Kaufman Container Company | 73.7 |
| Forest Resources LLC | 72.4 |
| Signet Armorlite | 67.8 |
| Sekisui Voltek, LLC | 63.2 |
| Detroit Forming | 59.0 |
| 1. | MassMutual Guaranteed Interest Account | 16% |
| 2. | PIMCO Total Return | 10% |
| 3. | MassMutual Conservative Journey | 8% |
| Insurance Carrier | MassMutual |
| Insurance Advisor/Broker | Craig L. Miller |
| Insurance Advisor/Broker | Jeffery J. Snider |
| Administration | The Midwest Pension Group, Inc. |
| Auditor | Plante & Moran, PLLC |
| Recordkeeper | MassMutual |

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