American Business Forms, Inc.
60
Plan:
7
59
83
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 (60) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $114,000 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
American Solutions for Business 401K Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Salary Deferral. American Solutions for Business 401K Plan currently has over 800 active participants and over $12.6M in plan assets.
Retirement Plan Details
| Address |
31 Minnesota Ave E
Glenwood, MN 56334-1625 |
| Industry | Office Supplies and Stationery Stores |
| Administrator | Timothy D. Froemming |
| Net Plan Assets | $12,600,000 |
| Total Participants | 830 |
| Avg Account Balance | $16,000 |
Compare Other Companies in Peer Group
| University Book Store | 60.9 |
| The Phillips Group | 60.9 |
| Krueger Wholesale Florist | 59.6 |
| Wax Works | 55.3 |
| The Paradies Shops | 51.1 |
| Fred's | 42.0 |
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