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Company:
American Insulated Wire - Union
Plan:
American Insulated Wire Hourly Union Employees 401k Savings Plan
 

American Insulated Wire - Union

53 Plan:

 
 
53
31
61
85
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 (53) and the top rated plan (85) could equate to:
[How is this calculated?]
16 additional years of work
Up to $198,600 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

American Insulated Wire Hourly Union Employees 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 35% of plans for Investment Menu Quality. American Insulated Wire Hourly Union Employees 401k Savings Plan currently has over 300 active participants and over $5.2M in plan assets.

 

 Retirement Plan Details

Address 95 Grand Ave
Pawtucket, RI 02861-2551 
Industry Manufacturing
Administrator Michael Dance
Sponsor Mark Baydarian
Net Plan Assets $5,160,000
Total Participants 370
Avg Account Balance $14,000

 Compare Other Companies in Peer Group

Tempco Electric Heater 55.7
SMC 53.2
Ecoquest Holding 52.0
Pensar Electronic Solutions, LLC 51.6
Simclar 49.4
Milbank Manufacturing Co. 48.9

 Top 3 Funds in this 401k

1. SEI Stable Asset Fund 21%
2. Columbia Disciplined Value 20%
3. Columbia Large Cap Index 15%

  Plan Service Providers

Auditor Weiser LLP
Corporate Trustee Bank of America Merrill Lynch

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