Franklin Equipment Company
48
Plan:
Franklin Equipment Company Profit Sharing Retirement Plan
3
57
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 38 point difference between this plan's BrightScope Rating (48) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
18 additional years of work Up to $252,500 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
Franklin Equipment Company Profit Sharing Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. Franklin Equipment Company Profit Sharing Retirement Plan currently has over 100 active participants and over $2.9M in plan assets.
Retirement Plan Details
| Address |
Po Box 697
Franklin, VA 23851-0697 |
| Industry | Manufacturing |
| Administrator | Randy B. Drake |
| Net Plan Assets | $2,910,000 |
| Total Participants | 160 |
| Avg Account Balance | $18,000 |
Compare Other Companies in Peer Group
| Schuler | 71.0 |
| Airdyne, Ltd | 63.6 |
| Gonzalez Production Systems | 62.8 |
| Travers Tool Co. | 60.3 |
| Crestek | 59.1 |
| New Era Ohio, LLC | 44.8 |
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