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Company:
Michels Corporation
Plan:
Michels Corporation 401k Savings Plan
 

Michels Corporation

69 Plan: Michels Corporation 401k Savings Plan

 
 
69
15
61
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (69) and the top rated plan (85) could equate to:
[How is this calculated?]
9 additional years of work
Up to $101,200 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

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, and Salary Deferral. Michels Corporation 401k Savings Plan currently has over 1,000 active participants and over $52.8M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
18
Plan Average: 24
Top 3 Funds in this 401k
1. Wells Fargo Stable Return Trust 16%
2. JPMorgan Mid Cap Value 12%
3. PIMCO Total Return 10%

 
Plan Component Ratings

 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 $52,800,000
Total Participants 1,100
Avg Account Balance $66,000

 Compare Other Companies in Peer Group

Duininck Companies 67.5
Board of Trustees of Iron Workers... 64.9
Turner Industries Group, L.L.C. 64.8
The Fishel Company 60.0
William A. Hazel 56.4
ISI Specialists 14.6

  Plan Service Providers

Corporate Trustee Wells Fargo (Wachovia)
Recordkeeper Wells Fargo (Wachovia)
Auditor Grant Thornton LLP

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