Solomon Plumbing Company
60
Plan:
Solomon Plumbing Company 401k Plan
5
53
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (60) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $139,100 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
Solomon Plumbing Company 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Company Generosity and Investment Menu Quality. Solomon Plumbing Company 401k Plan currently has fewer than 100 active participants and over $1.4M in plan assets.
Retirement Plan Details
| Address |
29665 Wk Smith Rd Ste A
New Hudson, MI 48165-8581 |
| Industry | Plumbing, Heating, and Air-Conditioning Contractors |
| Administrator | Danielle Allor |
| Net Plan Assets | $1,420,000 |
| Total Participants | 67 |
| Avg Account Balance | $21,000 |
Compare Other Companies in Peer Group
| Denron Plumbing & HVAC | 67.0 |
| Saber Plumbing | 62.2 |
| Phoenix Renovation | 60.9 |
| Suojanen Enterprises | 51.3 |
| Silvertip | 50.2 |
| RGB Mechanical Contractors | 45.4 |
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