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Company:
Lake Air Metal Products, LLC
Plan:
Lake Air Metal Products, LLC Profit Sharing Plan
 

Lake Air Metal Products, LLC

61 Plan: Lake Air Metal Products, LLC Profit Sharing Plan

 
 
61
29
58
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (61) and the top rated plan (78) could equate to:
[How is this calculated?]
8 additional years of work
Up to $102,800 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

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.

 

 Investment Menu Statistics

No. of Investment Options
22
Plan Average: 24
Top 3 Funds in this 401k
1. Diamond Hill Large Cap 14%
2. American Funds Growth Fund of America 11%
3. American Funds EuroPacific Growth 10%

 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 $31,000

  Plan Service Provider

Auditor Messerli & Schadow PLLP

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