Des Moines Wheel & Rim Company
60
Plan:
6
60
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (60) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $187,700 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
Midwest Wheel Companies 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Investment Menu Quality. Midwest Wheel Companies 401k Profit Sharing Plan currently has over 100 active participants and over $7.3M in plan assets.
Retirement Plan Details
| Address |
1436 E Ovid Ave
Des Moines, IA 50316-1323 |
| Industry | Wholesale Trade |
| Administrator | R. Michael Laing |
| Net Plan Assets | $7,310,000 |
| Total Participants | 180 |
| Avg Account Balance | $41,000 |
Compare Other Companies in Peer Group
| Hupp Electric Motors | 64.8 |
| T & W Tire Company | 61.3 |
| DSU - Peterbilt & GMC Truck | 60.4 |
| Interstate Truck Center, LLC | 56.3 |
| TransAxle, LLC | 51.9 |
| Jack Young Company | 51.9 |
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