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Company:
Oakworks, Inc.
Plan:
Oakworks, Inc. 401k Profit Sharing Plan
 

Oakworks, Inc.

65 Plan: Oakworks, Inc. 401k Profit Sharing Plan

 
 
65
26
68
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (65) and the top rated plan (85) could equate to:
[How is this calculated?]
10 additional years of work
Up to $128,300 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

Oakworks, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Participation Rate. Oakworks, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $2.3M in plan assets.


 Investment Menu Statistics

No. of Investment Options
14
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. American Funds Growth Fund of America 12%
2. American Funds Washington Mutual 11%
3. American Funds AMCAP 11%

 Retirement Plan Details

Address 923 East Wellspring Road
New Freedom, PA 17349 
Industry Manufacturing
Administrator Charles Alcorn
Net Plan Assets $2,350,000
Total Participants 150
Avg Account Balance $16,000

 Compare Other Companies in Peer Group

Omni Guide 65.3
CAS Medical Systems 63.3
Pedigo Products 60.2
Pro-Dex 59.3
Urologix 57.2
Xeridiem Medical Devices 49.1

  Plan Service Providers

Recordkeeper American Funds (Capital Group)
Auditor ParenteBeard, LLC