Foster Needle Co., Inc.
66
Plan:
Foster Needle Profit Sharing and Retirement Savings Plan and Trust
25
64
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (66) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $133,400 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
Foster Needle Profit Sharing and Retirement Savings Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 35% of plans for Account Balances, Company Generosity, and Participation Rate. Foster Needle Profit Sharing and Retirement Savings Plan and Trust currently has over 100 active participants and over $7.7M in plan assets.
Retirement Plan Details
| Address |
4343 Expo Dr
Manitowoc, WI 54220-7305 |
| Industry | Manufacturing |
| Administrator | Robb Washicheck - VP Finance |
| Net Plan Assets | $7,730,000 |
| Total Participants | 120 |
| Avg Account Balance | $67,000 |
Compare Other Companies in Peer Group
| Sterling Commerce | 86.8 |
| Ferrotec (USA) | 77.0 |
| Incredible Technologies | 76.0 |
| Web Printing Controls | 73.4 |
| Thermafiber | 64.2 |
| Fox Products | 58.6 |
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