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Company:
M.I.C. Industries, Inc.
Plan:
M.I.C. Industries, Inc. 401k Savings Plan
 

M.I.C. Industries, Inc.

70 Plan: M.I.C. Industries, Inc. 401k Savings Plan

 
 
70
25
64
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (70) and the top rated plan (83) could equate to:
[How is this calculated?]
7 additional years of work
Up to $102,400 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

M.I.C. Industries, Inc. 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 35% of plans for Salary Deferral. M.I.C. Industries, Inc. 401k Savings Plan currently has over 100 active participants and over $3.2M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 11911 Freedom Dr Ste 1000
Reston, VA 20190-5631 
Industry Manufacturing
Net Plan Assets $3,210,000
Total Participants 110
Avg Account Balance $29,000

 Compare Other Companies in Peer Group

American Commercial 64.5
Flory Industries 58.4
ALP Industries 56.8
Van Lott 56.0
The Factory Company International 49.0
Saf-T-Cab 47.2

 Top 3 Funds in this 401k

1. American Funds Growth Fund of America 19%
2. American Funds Fundamental Investors 10%
3. American Funds Capital World Growth and Income 10%

  Plan Service Provider

Auditor Reznick Group, P.C.

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