Seco Tools, Inc.
68
Plan:
32
64
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (68) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $92,300 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
Seco Tools, Inc. Employees' Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 15% of plans for Account Balances. Seco Tools, Inc. Employees' Retirement Savings Plan currently has over 300 active participants and over $36.2M in plan assets.
Retirement Plan Details
| Address |
2805 Bellingham Dr
Troy, MI 48083-2046 |
| Industry | Manufacturing |
| Administrator | Michael Neel |
| Net Plan Assets | $36,200,000 |
| Total Participants | 390 |
| Avg Account Balance | $94,000 |
Compare Other Companies in Peer Group
| W.C. Bradley Co. | 80.1 |
| Ingersoll Cutting Tool Company | 70.5 |
| Heat and Control | 70.2 |
| National Material L.P. | 67.4 |
| The Will-Burt Company | 66.3 |
| Hatco | 65.3 |
Comments