Steel Fab A Division of Samuel Strapping Systems, Inc.
48
Plan:
Steel Fab 401k Plan
12
55
72
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (48) and the top rated plan (72) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $162,300 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
Steel Fab 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. This plan is in the top 15% of plans for Investment Menu Quality. Steel Fab 401k Plan currently has over 100 active participants and over $731.8K in plan assets.
Retirement Plan Details
| Address |
17403 Lee Hwy
Abingdon, VA 24210-7833 |
| Industry | Manufacturing |
| Administrator | E. G. Brundrit |
| Net Plan Assets | $730,000 |
| Total Participants | 150 |
| Avg Account Balance | $8,600 |
Compare Other Companies in Peer Group
| MNP Precision Parts, LLC | 59.7 |
| Skyway Precision | 57.3 |
| Atlas Metal Industries | 54.8 |
| MRC Management Services, LLC | 51.8 |
| Windsor Republic Door | 48.3 |
| Jerith Manufacturing Company | 27.7 |
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