R&D Tool & Engineering Company
62
Plan:
29
63
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (62) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $122,400 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
R&D Tool & Engineering Company Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Participation Rate. R&D Tool & Engineering Company Profit Sharing Plan and Trust currently has over 300 active participants and over $11.0M in plan assets.
Retirement Plan Details
| Address |
1009 Browning Street
Lees Summit, MO 64081 |
| Industry | Manufacturing |
| Administrator | Richard B. Lantefield |
| Sponsor | Ardith Drienik |
| Net Plan Assets | $11,000,000 |
| Total Participants | 300 |
| Avg Account Balance | $36,000 |
Compare Other Companies in Peer Group
| Chatsworth Products | 67.0 |
| The Will-Burt Company | 66.7 |
| L.E. Jones Company | 63.1 |
| Clow Stamping Company | 55.2 |
| Main Steel Polishing Company | 54.6 |
| Atlas Industries | 52.9 |
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