LMI Aerospace, Inc.
71
Plan:
LMI Aerospace, Inc. Profit-Sharing and Savings Plan and Trust
71
37
63
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (71) and the top rated plan (83) could equate to:
[How is this calculated?]
6 additional years of work
Up to $95,300 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.
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Retirement Plan Description
LMI Aerospace, Inc. Profit-Sharing and Savings Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Total Plan Cost. LMI Aerospace, Inc. Profit-Sharing and Savings Plan and Trust currently has over 1,300 active participants and over $54.5M in plan assets.
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