Anderson's Formal Wear, Inc.
47
Plan:
Anderson's Formal Wear 401k Retirement Plan
5
58
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 38 point difference between this plan's BrightScope Rating (47) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
17 additional years of work Up to $190,800 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
Anderson's Formal Wear 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 47. Anderson's Formal Wear 401k Retirement Plan currently has fewer than 100 active participants and over $1.9M in plan assets.
Retirement Plan Details
| Address |
1945 3rd Ave Se
Rochester, MN 55904-7935 |
| Industry | Formal Wear and Costume Rental |
| Administrator | Randy L. Crawford |
| Net Plan Assets | $1,920,000 |
| Total Participants | 96 |
| Avg Account Balance | $20,000 |
Compare Other Companies in Peer Group
| The Investment Group | 64.0 |
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| OxfordSVI | 56.7 |
| TVR Communications, LLC | 49.5 |
| Budget Rent A Car System | 48.5 |
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