Fori Automation, Inc.
64
Plan:
Fori Automation, Inc. Profit Sharing Trust & 401k Plan
18
66
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (64) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $179,000 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
Fori Automation, Inc. Profit Sharing Trust & 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 15% of plans for Salary Deferral. Fori Automation, Inc. Profit Sharing Trust & 401k Plan currently has over 200 active participants and over $8.5M in plan assets.
Retirement Plan Details
| Address |
50955 Wing Dr
Shelby Township, MI 48315-3271 |
| Industry | Manufacturing |
| Administrator | Colette Lewandowski |
| Sponsor | Bernd Koerner |
| Net Plan Assets | $8,470,000 |
| Total Participants | 210 |
| Avg Account Balance | $40,000 |
Compare Other Companies in Peer Group
| Airline Hydraulics | 72.4 |
| C. G. Bretting Manufacturing Company | 67.0 |
| Mechanical Equipment Company | 66.7 |
| Nercon Eng. & Mfg. | 66.4 |
| G. A. Braun | 64.1 |
| Edwards Manufacturing Ltd | 60.9 |
Comments