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Company:
R.E. Michel Company, Inc.
Plan:
R.E. Michel Company, Inc. 401k Profit Sharing and Savings Plan and Trust
 

R.E. Michel Company, Inc.

57 Plan: R.E. Michel Company, Inc. 401k Profit Sharing and Savings Plan and Trust

 
 
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81
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For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (57) and the top rated plan (81) could equate to:
[How is this calculated?]
11 additional years of work
Up to $149,100 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

R.E. Michel Company, Inc. 401k Profit Sharing and Savings Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. This plan is in the top 35% of plans for Investment Menu Quality and Total Plan Cost. R.E. Michel Company, Inc. 401k Profit Sharing and Savings Plan and Trust currently has over 1,300 active participants and over $23.8M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 1 Re Michel Dr
Glen Burnie, MD 21060-6408 
Industry Wholesale Trade
Administrator Ronald D. Miller
Net Plan Assets $23,800,000
Total Participants 1,300
Avg Account Balance $18,000

 Compare Other Companies in Peer Group

Locke Supply Co. 73.5
Refrigeration Supplies Distributor 68.6
Granite Group Wholesalers, LLC 64.3
Morrison Supply Company 61.3
Croydon 57.0
Famous Enterprises 49.1

 Top 3 Funds in this 401k

1. Fidelity Advisor Stable Value 23%
2. Fidelity Advisor Equity Income 11%
3. Fidelity Advisor Equity Growth 9%

  Plan Service Providers

Auditor Clifton Gunderson
Recordkeeper Fidelity

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