Tubular Textile Machinery, Inc.
71
Plan:
Tubular Textile 401k Plan
19
65
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?]
[How is this calculated?]
6 additional years of work Up to $151,500 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
Tubular Textile 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Participation Rate. Tubular Textile 401k Plan currently has over 100 active participants and over $6.8M in plan assets.
Retirement Plan Details
| Address |
113 Woodside Dr
Lexington, NC 27292-7718 |
| Industry | Manufacturing |
| Administrator | Patti Musgrave |
| Net Plan Assets | $6,780,000 |
| Total Participants | 140 |
| Avg Account Balance | $50,000 |
Compare Other Companies in Peer Group
| Balance Technology | 69.6 |
| Peterson Tool Company | 67.9 |
| Komo Machine | 66.5 |
| Shick Tube-Veyor | 66.4 |
| Pillar Induction Company, LLC | 64.0 |
| Weil Pump Company | 60.4 |
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