Lakeland Finishing Corporation
42
Plan:
Lakeland Finishing 401k Plan
32
57
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 40 point difference between this plan's BrightScope Rating (42) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
17 additional years of work Up to $325,000 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
Lakeland Finishing 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 42. Lakeland Finishing 401k Plan currently has over 100 active participants and over $659.1K in plan assets.
Retirement Plan Details
| Address |
5400 36th St Se
Grand Rapids, MI 49512-2016 |
| Industry | Other Services (except Public Administration) |
| Administrator | Thomas A Smith |
| Net Plan Assets | $660,000 |
| Total Participants | 140 |
| Avg Account Balance | $4,800 |
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