Lake Air Metal Products, LLC
61
Plan:
Lake Air Metal Products, LLC Profit Sharing Plan
29
56
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (61) and the top rated plan (81) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $101,400 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 Air Metal Products, LLC Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. Lake Air Metal Products, LLC Profit Sharing Plan currently has over 100 active participants and over $3.5M in plan assets.
Retirement Plan Details
| Address |
385 90th Avenue Nw
Minneapolis, MN 55433 |
| Industry | Manufacturing |
| Administrator | Carol Scott |
| Net Plan Assets | $3,500,000 |
| Total Participants | 140 |
| Avg Account Balance | $24,000 |
Compare Other Companies in Peer Group
| Wolf Industrial Supply | 55.7 |
| Allied Chucker and Engineering... | 55.5 |
| Brennan Industries | 55.0 |
| ACS Industries | 50.5 |
| Reflek Manufacturing | 44.8 |
| Bracalente Manufacturing Company | 44.6 |
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