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Company:
Galaxy Tool Corporation
Plan:
Galaxy Tool Corporation 401k Plan
 

Galaxy Tool Corporation

60 Plan: Galaxy Tool Corporation 401k Plan

 
 
60
39
68
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (60) and the top rated plan (85) could equate to:
[How is this calculated?]
12 additional years of work
Up to $140,500 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

Galaxy Tool Corporation 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Account Balances. Galaxy Tool Corporation 401k Plan currently has over 100 active participants and over $5.4M in plan assets.


 Investment Menu Statistics

No. of Investment Options
18
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. American Funds Growth Fund of America 14%
2. American Funds EuroPacific Growth 12%
3. MFS Value 10%

 Retirement Plan Details

Address 1111 Industrial Rd., P.O. Box 531
Winfield, KS 67156 
Industry Manufacturing
Administrator Rick Yaussi
Net Plan Assets $5,370,000
Total Participants 190
Avg Account Balance $55,000

 
Plan Service Providers

Recordkeeper Newport Group Securities, Inc.
Auditor Allen, Gibbs, & Houlik, L.C.