V.E.C., Inc.
54
Plan:
Van Eerden Savings & Retirement Plan
37
59
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (54) and the top rated plan (80) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $219,200 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
Van Eerden Savings & Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 54. This plan is in the top 35% of plans for Participation Rate. Van Eerden Savings & Retirement Plan currently has over 100 active participants and over $7.0M in plan assets.
Retirement Plan Details
| Address |
650 Ionia Street
Grand Rapids, MI 49503 |
| Industry | Wholesale Trade |
| Administrator | Daniel Van Eerden |
| Net Plan Assets | $6,960,000 |
| Total Participants | 200 |
| Avg Account Balance | $35,000 |
Compare Other Companies in Peer Group
| Associated Grocers of New England | 68.7 |
| Pacific Cheese Co. | 64.9 |
| Schratter Foods | 64.3 |
| Simco Sales Service of Pennsylvania | 60.7 |
| General Produce Company, Ltd. | 60.1 |
| Concord Foods | 56.0 |
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