Balance Technology, Inc.
70
Plan:
Balance Technology, Inc. 401k Plan
18
66
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (70) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $121,400 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
Balance Technology, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 35% of plans for Account Balances and Salary Deferral. Balance Technology, Inc. 401k Plan currently has over 100 active participants and over $6.8M in plan assets.
Retirement Plan Details
| Address |
7035 Jo Mar Dr
Whitmore Lake, MI 48189-8241 |
| Industry | Manufacturing |
| Administrator | Thomas P. Plunkett |
| Net Plan Assets | $6,780,000 |
| Total Participants | 150 |
| Avg Account Balance | $46,000 |
Compare Other Companies in Peer Group
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| Peterson Tool Company | 67.9 |
| Komo Machine | 66.5 |
| Shick Tube-Veyor | 66.4 |
| Pillar Induction Company, LLC | 64.0 |
| Weil Pump Company | 60.4 |
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