Magnum Ltd.
55
Plan:
Magnum Ltd. 401k Plan
8
52
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (55) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $136,900 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
Magnum Ltd. 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 15% of plans for Investment Menu Quality. Magnum Ltd. 401k Plan currently has over 100 active participants and over $1.5M in plan assets.
Retirement Plan Details
| Address |
Po Box 2023
Fargo, ND 58107-2023 |
| Industry | General Freight Trucking, Local |
| Administrator | Wayne Gadberry |
| Net Plan Assets | $1,540,000 |
| Total Participants | 160 |
| Avg Account Balance | $9,600 |
Compare Other Companies in Peer Group
| Bekins Moving & Storage Company | 55.8 |
| Bull Dog Hiway Express | 49.6 |
| Vitran Express West | 46.9 |
| Peninsula Truck Lines | 44.0 |
| James Group International | 36.0 |
| Frank C. Alegre Trucking | 28.7 |
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