Timber Products Michigan, LP
27
Plan:
Timber Products Michigan Bargaining Unit 401k Plan
16
55
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 52 point difference between this plan's BrightScope Rating (27) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
23 additional years of work Up to $394,900 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
Timber Products Michigan Bargaining Unit 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 27. Timber Products Michigan Bargaining Unit 401k Plan currently has over 100 active participants and over $1.1M in plan assets.
Retirement Plan Details
| Address |
East Hwy M28, P.O. Box 378
Munising, MI 49862-0378 |
| Industry | Manufacturing |
| Administrator | Bruce W. Strand |
| Net Plan Assets | $1,070,000 |
| Total Participants | 160 |
| Avg Account Balance | $6,600 |
Compare Other Companies in Peer Group
| Bennett Forest Industries | 64.7 |
| Three Rivers Timber | 59.0 |
| Beasley Forest Products | 59.0 |
| Douglas County | 55.4 |
| Joe N. Miles & Sons | 48.7 |
| T&S Hardwoods | 46.6 |
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