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Company:
Speedrack Products Group, Ltd.
Plan:
Speedrack Products Group, Ltd. 401k Retirement Plan
 

Speedrack Products Group, Ltd.

53 Plan: Speedrack Products Group, Ltd. 401k Retirement Plan

 
 
53
12
55
72
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (53) and the top rated plan (72) could equate to:
[How is this calculated?]
7 additional years of work
Up to $136,500 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

Speedrack Products Group, Ltd. 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 35% of plans for Investment Menu Quality. Speedrack Products Group, Ltd. 401k Retirement Plan currently has over 100 active participants and over $1.3M in plan assets.

 

 Retirement Plan Details

Address 7903 Venture Ave
Sparta, MI 49345-9309 
Industry Manufacturing
Administrator Will Baird
Net Plan Assets $1,270,000
Total Participants 140
Avg Account Balance $8,900

 Top 3 Funds in this 401k

1. Ohio National Life Fixed Account 14%
2. Fidelity Advisor Mid Cap II 8%
3. Legg Mason ClearBridge Equity 8%

  Plan Service Providers

Auditor Steensma, Novotny, Plc
Insurance Carrier Ohio National Life
Insurance Advisor/Broker Richard H Phillips
Insurance Advisor/Broker Sam J. Swanson

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