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Company:
Foldcraft Co.
Plan:
Foldcraft Co. Employee Stock Ownership Plan
 

Foldcraft Co.

61 Plan:

 
 
61
36
59
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (61) and the top rated plan (84) could equate to:
[How is this calculated?]
13 additional years of work
Up to $77,800 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

Foldcraft Co. Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and ESOP component. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Foldcraft Co. Employee Stock Ownership Plan currently has over 300 active participants and over $10.3M in plan assets.

 

 Retirement Plan Details

Address 615 Centennial Drive
Kenyon, MN 55946 
Industry Manufacturing
Administrator Nicole Medgaarden
Net Plan Assets $10,300,000
Total Participants 320
Avg Account Balance $34,000

 Compare Other Companies in Peer Group

G.O. Carlson 62.8
Nucraft Furniture Company 59.6
Classic Leather 53.4
Haas Cabinet Co. 52.6
Palecek 52.3
Trendwood 45.5

 Top 1 Funds in this 401k

1. Foldcraft Co. Common Stock 100%

  Plan Service Providers

Administration McGladrey
Legal Counsel Flugel Law Firm P.A.
Auditor Lewis, Kisch & Associates, Ltd.

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