Lacks Enterprises, Inc.
65
Plan:
Lacks Enterprises, Inc. Retirement Savings Plan
32
67
83
0
10
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70
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100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (65) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $125,700 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
Lacks Enterprises, Inc. Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Lacks Enterprises, Inc. Retirement Savings Plan currently has over 1,800 active participants and over $82.9M in plan assets.
Retirement Plan Details
| Address |
5460 Cascade Rd Se
Grand Rapids, MI 49546-6406 |
| Industry | Manufacturing |
| Administrator | Michael Clover |
| Net Plan Assets | $82,900,000 |
| Total Participants | 1,900 |
| Avg Account Balance | $45,000 |
Compare Other Companies in Peer Group
| Sandvik | 75.7 |
| Chart Industries | 72.0 |
| Elkay Manufacturing Company | 68.1 |
| NSK Americas | 64.1 |
| Doncasters | 63.0 |
| Symmetry Medical | 62.5 |
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