La Machine Shop, Inc.
61
Plan:
La Machine Shop, Inc. Profit Sharing/401k Plan
35
61
81
0
10
20
30
40
50
60
70
80
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100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (61) and the top rated plan (81) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $118,400 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
La Machine Shop, Inc. Profit Sharing/401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Account Balances and Company Generosity. La Machine Shop, Inc. Profit Sharing/401k Plan currently has fewer than 100 active participants and over $1.1M in plan assets.
Retirement Plan Details
| Address |
None
Ham Lake, MN 55304 |
| Industry | Manufacturing |
| Administrator | Lynn Mason |
| Net Plan Assets | $1,120,000 |
| Total Participants | 32 |
| Avg Account Balance | $37,000 |
Compare Other Companies in Peer Group
| Rada Manufacturing Co. | 63.9 |
| Cornwell Quality Tools Company | 62.3 |
| A & E | 60.5 |
| Warner Manufacturing Company | 60.1 |
| Daniels Manufacturing | 60.1 |
| Red Devil | 55.8 |
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