Faultless Laundry Company
50
Plan:
Faultless Laundry Company Defined Contribution Retirement Plan
31
68
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 38 point difference between this plan's BrightScope Rating (50) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
19 additional years of work Up to $273,900 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
Faultless Laundry Company Defined Contribution Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Investment Menu Quality. Faultless Laundry Company Defined Contribution Retirement Plan currently has over 300 active participants and over $5.9M in plan assets.
Retirement Plan Details
| Address |
330 W. 19th Terrace
Kansas City, MO 64108 |
| Industry | Drycleaning and Laundry Services (except Coin-Operated) |
| Administrator | Mark Spence |
| Net Plan Assets | $5,900,000 |
| Total Participants | 390 |
| Avg Account Balance | $15,000 |
Compare Other Companies in Peer Group
| AmeriPride Services | 64.7 |
| Mac-Gray Company | 60.8 |
| Mission Linen Supply | 58.1 |
| Prudential Overall Supply | 56.1 |
| Morgan Services | 50.5 |
| Anton's Cleaners | 47.8 |
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