Holmberg Company, Inc.
67
Plan:
Holmberg Company, Inc. 401k Salary Savings & Retirement Plan
13
59
88
0
10
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40
50
60
70
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100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (67) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $95,200 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
Holmberg Company, Inc. 401k Salary Savings & Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 35% of plans for Account Balances, Investment Menu Quality, and Participation Rate. Holmberg Company, Inc. 401k Salary Savings & Retirement Plan currently has over 100 active participants and over $7.0M in plan assets.
Retirement Plan Details
| Address |
4155 Berkshire Ln N
Minneapolis, MN 55446-3814 |
| Industry | Manufacturing |
| Administrator | Kris Holmberg |
| Net Plan Assets | $7,010,000 |
| Total Participants | 100 |
| Avg Account Balance | $70,000 |
Compare Other Companies in Peer Group
| Glenroy | 77.0 |
| PCI Paper Conversions | 63.3 |
| Web Industries | 59.4 |
| Mcconnell Cabinets | 59.2 |
| Simkins Industries | 50.7 |
| Lakeway Container | 48.9 |
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