Kandi Kountry Express, Ltd.
50
Plan:
Towmaster, Inc. Employee Stock Ownership Plan and Trust
10
57
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (50) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
18 additional years of work Up to $259,200 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
Towmaster, Inc. Employee Stock Ownership Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Participation Rate. Towmaster, Inc. Employee Stock Ownership Plan and Trust currently has over 100 active participants and over $5.9M in plan assets.
Retirement Plan Details
| Address |
61381 U.S. Highway 12
Litchfield, MN 55355 |
| Industry | Manufacturing |
| Administrator | Janelle Johnson |
| Net Plan Assets | $5,880,000 |
| Total Participants | 180 |
| Avg Account Balance | $37,000 |
Compare Other Companies in Peer Group
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| Western Trailer Company | 62.3 |
| Timpte Industries | 59.3 |
| Mickey Truck Bodies | 58.9 |
| Godwin Manufacturing Co. | 49.0 |
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