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Company:
Milbank Manufacturing Company
Plan:
Milbank Manufacturing Company, Inc. Kokomo Hourly Employees' Retirement Savings Plan
 

Milbank Manufacturing Company

47 Plan:

 
 
47
27
56
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (47) and the top rated plan (79) could equate to:
[How is this calculated?]
13 additional years of work
Up to $175,800 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

Milbank Manufacturing Company, Inc. Kokomo Hourly Employees' Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 47. This plan is in the top 35% of plans for Participation Rate. Milbank Manufacturing Company, Inc. Kokomo Hourly Employees' Retirement Savings Plan currently has over 100 active participants and over $2.0M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
26
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Principal Stable Value Fund 41%
2. Participant Loans 11%
3. Principal MidCap Blend 8%

 Retirement Plan Details

Address Po Box 419028
Kansas City, MO 64141-6028 
Industry Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Administrator Lezlie Erisor Hr Director for Milba
Net Plan Assets $1,980,000
Total Participants 150
Avg Account Balance $14,000

  Plan Service Providers

Auditor Pickett, Chaney & McMullen, LLP
Administration Principal Financial Group
Insurance Carrier Principal Financial Group
Insurance Advisor/Broker LPL Financial Corp. (NRP)

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