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Company:
Standard Iron & Wire Works, Inc.
Plan:
Standard Iron 401k Retirement Plan
 

Standard Iron & Wire Works, Inc.

56 Plan: Standard Iron 401k Retirement Plan

 
 
56
29
61
78
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 (56) and the top rated plan (78) could equate to:
[How is this calculated?]
9 additional years of work
Up to $169,700 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

Standard Iron 401k Retirement Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 56. Standard Iron 401k Retirement Plan currently has over 300 active participants and over $8.7M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 524 Pine St
Monticello, MN 55362 
Industry Manufacturing
Administrator Richard T. Demeules
Net Plan Assets $8,690,000
Total Participants 300
Avg Account Balance $29,000

 Compare Other Companies in Peer Group

L&H Industrial 68.8
Peerless Industries 67.4
Kurt J. Lesker Co. 66.9
Alinabal 59.7
Keystone Powdered Metal Company 57.4
National Industrial Concepts 55.6

 Top 3 Funds in this 401k

1. Fidelity Freedom 2020 19%
2. Rainier Small/Mid Cap Equity 11%
3. Fidelity Export & Multinational 10%

  Plan Service Provider

Auditor Grant Thornton LLP

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