Michels Corporation
69
Plan:
Michels Corporation 401k Savings Plan
21
62
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (69) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $66,900 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
Michels Corporation 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 35% of plans for Account Balances, Company Generosity, Investment Menu Quality, Salary Deferral, and Total Plan Cost. Michels Corporation 401k Savings Plan currently has over 1,300 active participants and over $53.2M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 128
Brownsville, WI 53006 |
| Industry | Other Heavy and Civil Engineering Construction |
| Administrator | Janet Neerhof |
| Sponsor | John Schroeder |
| Net Plan Assets | $53,200,000 |
| Total Participants | 1,400 |
| Avg Account Balance | $40,000 |
Compare Other Companies in Peer Group
| Great Lakes Dredge & Dock Company,... | 80.1 |
| R.J. Corman Railroad Construction | 74.6 |
| Utility Contractors | 69.1 |
| Henkels & McCoy | 67.0 |
| Turner Industries Group, L.L.C. | 66.5 |
| Keller Foundations | 65.0 |
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