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Company:
Palmer Manufacturing and Tank, Inc.
Plan:
Palmer Manufacturing and Tank, Inc. Employees Profit Sharing Plan
 

Palmer Manufacturing and Tank, Inc.

48 Plan: Palmer Manufacturing and Tank, Inc. Employees Profit Sharing Plan

 
 
48
20
59
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (48) and the top rated plan (85) could equate to:
[How is this calculated?]
17 additional years of work
Up to $306,500 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

Palmer Manufacturing and Tank, Inc. Employees Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. This plan is in the top 35% of plans for Total Plan Cost. Palmer Manufacturing and Tank, Inc. Employees Profit Sharing Plan currently has over 100 active participants and over $2.8M in plan assets.


 Investment Menu Statistics

No. of Investment Options
19
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Ameritrade Individual Brokerage Accounts 25%
2. American Funds Money Market 21%
3. Lord Abbett Short Duration Income 11%

 Retirement Plan Details

Address C/O Cpi-Qpc, Inc.
P.O. Box 1167
Great Bend, KS 67530 
Industry Manufacturing
Administrator Cecil O'Brate
Net Plan Assets $2,840,000
Total Participants 150
Avg Account Balance $32,000

  Plan Service Providers

Recordkeeper AIG
Auditor Adams, Brown, Beran & Ball