Banner Engineering Corporation
72
Plan:
Profit Sharing Retirement Savings Plan and Trust
10
72
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (72) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $114,100 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
Profit Sharing Retirement Savings Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. Profit Sharing Retirement Savings Plan and Trust currently has over 600 active participants and over $61.2M in plan assets.
Retirement Plan Details
| Address |
9714 10th Avenue North
Plymouth, MN 55441 |
| Industry | Manufacturing |
| Administrator | Paula Kmetz |
| Net Plan Assets | $61,200,000 |
| Total Participants | 690 |
| Avg Account Balance | $89,000 |
Compare Other Companies in Peer Group
| Jazz Semiconductor | 78.9 |
| Ikanos Communications | 78.0 |
| Polar Semiconductor | 72.8 |
| Microchip Technology | 71.3 |
| Tara Technologies | 65.2 |
| Holien, Inc. d/b/a ANZA | 53.8 |
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