Lake Region Manufacturing, Inc.
65
Plan:
Lake Region Medical 401k Plan
40
70
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (65) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $149,400 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
Lake Region Medical 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Total Plan Cost. Lake Region Medical 401k Plan currently has over 800 active participants and over $31.7M in plan assets.
Retirement Plan Details
| Address |
340 Lake Hazeltine Drive
Chaska, MN 55318 |
| Industry | Manufacturing |
| Administrator | David Meyer |
| Net Plan Assets | $31,700,000 |
| Total Participants | 830 |
| Avg Account Balance | $38,000 |
Compare Other Companies in Peer Group
| Sysmex America | 82.4 |
| AGA Medical | 81.8 |
| Sage Products | 77.1 |
| Volcano | 69.9 |
| Otto Bock Healthcare, LP | 66.5 |
| Mentor | 43.0 |
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