Karona, Inc.
51
Plan:
Karona, Inc. 401k Plan
25
56
79
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 (51) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $150,800 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
Karona, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 51. This plan is in the top 35% of plans for Investment Menu Quality. Karona, Inc. 401k Plan currently has over 100 active participants and over $2.3M in plan assets.
Retirement Plan Details
| Address |
4100 Korona Ct Se
Caledonia, MI 49316-8419 |
| Industry | Manufacturing |
| Administrator | Steve Sisson |
| Net Plan Assets | $2,270,000 |
| Total Participants | 160 |
| Avg Account Balance | $14,000 |
Compare Other Companies in Peer Group
| Buckeye Diamond Logistics | 61.9 |
| Mullet Cabinet | 57.6 |
| Panel Specialists | 56.3 |
| Ken Luneack, Inc. d/b/a Bear Truss | 53.8 |
| General Doors | 53.5 |
| J.D. Lumber | 43.9 |
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