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Company:
Road Machinery & Supplies Co., Inc.
Plan:
RMS 401k Plan and Trust
 

Road Machinery & Supplies Co., Inc.

66 Plan: RMS 401k Plan and Trust

 
 
66
36
66
85
0
10
20
30
40
50
60
70
80
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100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (66) and the top rated plan (85) could equate to:
[How is this calculated?]
10 additional years of work
Up to $105,400 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

RMS 401k 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 and Salary Deferral. RMS 401k Plan and Trust currently has over 200 active participants and over $13.7M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
33
Plan Average: 24
Top 3 Funds in this 401k
1. MassMutual Guaranteed Interest Account 28%
2. MassMutual RetireSMART 2020 8%
3. MassMutual Select Focused Value 5%

 Retirement Plan Details

Address 5633 West Highway 13
Savage, MN 55378 
Industry Wholesale Trade
Administrator William T. Holte
Net Plan Assets $13,700,000
Total Participants 240
Avg Account Balance $79,000

 Compare Other Companies in Peer Group

Rand Worldwide Subsidiary 73.6
Marel Stork Poultry Processing 70.0
Towlift 64.8
J.W. Harris Co. 64.6
Hoober 64.5
Deco Tool Supply Company 59.8

  Plan Service Providers

Insurance Carrier MassMutual
Insurance Advisor/Broker John N. Byers
Insurance Advisor/Broker Robert A. Skartvedt
Administration Midwest Pension & Profit Sharing Services, Inc.
Auditor Ellingson & Ellingson, Ltd.

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