API Group, Inc.
56
Plan:
28
63
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (56) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $170,800 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
API Inc. Employee Stock Ownership Plan and Trust is a defined contribution plan with a profit-sharing component and leveraged ESOP component. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. API Inc. Employee Stock Ownership Plan and Trust currently has over 1,900 active participants and over $173.6M in plan assets.
Retirement Plan Details
| Address |
1100 Old Highway 8 Nw
New Brighton, MN 55112 |
| Industry | Construction |
| Administrator | Gregory Keup |
| Net Plan Assets | $174,000,000 |
| Total Participants | 2,000 |
| Avg Account Balance | $86,000 |
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