Converteam/Electric Machinery
68
Plan:
68
24
64
88
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 (68) and the top rated plan (88) could equate to:
[How is this calculated?]
12 additional years of work
Up to $79,100 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.
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Retirement Plan Description
Electric Machinery Company, Inc. 401k Plan For Union Employees is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Electric Machinery Company, Inc. 401k Plan For Union Employees currently has over 200 active participants and over $7.4M in plan assets.
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