Egan Companies, Inc.
17
Plan:
17
61
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 69 point difference between this plan's BrightScope Rating (17) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
34 additional years of work Up to $625,600 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
Fifth Restated Employee Stock Ownership Plan and Trust of the Egan Companies is a defined contribution plan with a stock bonus component and leveraged ESOP component. This plan has a BrightScope Rating of 17. This plan is in the top 15% of plans for Participation Rate. Fifth Restated Employee Stock Ownership Plan and Trust of the Egan Companies currently has fewer than 100 active participants and over $1.9M in plan assets.
Retirement Plan Details
| Address |
7625 Boone Avenue North
Brooklyn Park, MN 55428 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | James Johnson |
| Net Plan Assets | $1,890,000 |
| Total Participants | 62 |
| Avg Account Balance | $31,000 |
Compare Other Companies in Peer Group
| A & B Electric Company | 52.5 |
| Model Electronics | 49.7 |
| Beaumont Electric Company | 47.6 |
| SE&M Constructors | 43.7 |
| G. A. Abell | 33.2 |
| Giacalone Electrical Services | 18.5 |
Comments