Bill's Electric, Inc.
55
Plan:
Bill's Electric 401k Plan
5
53
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (55) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $169,000 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
Bill's Electric 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Total Plan Cost. Bill's Electric 401k Plan currently has over 100 active participants and over $1.2M in plan assets.
Retirement Plan Details
| Address |
Po Box 707
Webb City, MO 64870-0707 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Brandon D. Wilson |
| Sponsor | Roy D. Wilson |
| Net Plan Assets | $1,170,000 |
| Total Participants | 160 |
| Avg Account Balance | $7,800 |
Compare Other Companies in Peer Group
| R. J. Martin Electrical Contracting | 64.0 |
| A & B Electric Company | 52.7 |
| Shanahan Mechanical and Electrical | 48.3 |
| Presley Group, Ltd. | 48.0 |
| Vellutini | 43.2 |
| IBEW Local No. 661 | 27.8 |
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