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Company:
Spemco Enterprises
Plan:
Spemco Enterprises 401k Plan
 

Spemco Enterprises

53 Plan:

 
 
53
13
56
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (53) and the top rated plan (78) could equate to:
[How is this calculated?]
12 additional years of work
Up to $123,300 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

Spemco Enterprises 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 15% of plans for Investment Menu Quality. Spemco Enterprises 401k Plan currently has over 100 active participants and over $1.8M in plan assets.

 

 Retirement Plan Details

Address 1200 E Avis Dr
Madison Heights, MI 48071-1507 
Industry Other Services (except Public Administration)
Administrator Peggy Badyna
Sponsor Thomas C. Ritter
Net Plan Assets $1,810,000
Total Participants 170
Avg Account Balance $11,000

 Top 3 Funds in this 401k

1. Maxim Aggressive Profile II 23%
2. Maxim Moderate Profile II 14%
3. Maxim Conservative Profile II 12%

  Plan Service Providers

Auditor Marcum LLP
Insurance Carrier MetLife
Insurance Advisor/Broker David B. Buckley

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