FASTCO Industries, Inc.
50
Plan:
FASTCO Industries, Inc. Profit Sharing Plan
3
59
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (50) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $188,400 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
FASTCO Industries, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. FASTCO Industries, Inc. Profit Sharing Plan currently has over 100 active participants and over $4.7M in plan assets.
Retirement Plan Details
| Address |
Po Box 141427
Grand Rapids, MI 49514-1427 |
| Industry | Manufacturing |
| Administrator | Bruce Tap |
| Net Plan Assets | $4,720,000 |
| Total Participants | 140 |
| Avg Account Balance | $34,000 |
Compare Other Companies in Peer Group
| Wauseon Machine & Manufacturing | 68.2 |
| NFM Welding Engineers | 67.5 |
| MKM Machine Tool Company | 65.4 |
| Morton Grinding | 62.4 |
| American Turned Products | 62.0 |
| Dirksen Screw Products Co. | 53.6 |
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