Schenck RoTec Corporation
78
Plan:
Schenck RoTec Corporation Savings and Investment Plan
19
64
83
0
10
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30
40
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60
70
80
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100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (78) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
3 additional years of work Up to $88,700 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
Schenck RoTec Corporation Savings and Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 78, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances and Salary Deferral. Schenck RoTec Corporation Savings and Investment Plan currently has over 100 active participants and over $7.0M in plan assets.
Retirement Plan Details
| Address |
100 Kay Industrial Dr
Orion, MI 48359-1831 |
| Industry | Manufacturing |
| Administrator | Peter Groors |
| Sponsor | Peter Grooks |
| Net Plan Assets | $6,970,000 |
| Total Participants | 100 |
| Avg Account Balance | $68,000 |
Compare Other Companies in Peer Group
| NBS Card Technology | 70.4 |
| Hyrdamaster | 66.9 |
| Ellis | 57.3 |
| Chance Rides Manufacturing | 53.6 |
| Ross Industries | 52.6 |
| Bob's Space Racers | 49.0 |
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