Strongwell Corporation
60
Plan:
Strongwell Corporation 401k Profit-Sharing Plan and Trust
10
70
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (60) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $219,700 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
Strongwell Corporation 401k Profit-Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Account Balances and Participation Rate. Strongwell Corporation 401k Profit-Sharing Plan and Trust currently has over 700 active participants and over $67.0M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 580
Bristol, VA 24203-0580 |
| Industry | Manufacturing |
| Administrator | John D. Tickle |
| Net Plan Assets | $67,000,000 |
| Total Participants | 730 |
| Avg Account Balance | $92,000 |
Compare Other Companies in Peer Group
| Amkor Technology | 79.6 |
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| Wilson Sporting Goods Co. | 75.2 |
| Colfax | 72.7 |
| John D Brush & Company, Inc. d/b/a... | 69.4 |
| Penn Engineering & Manufacturing | 66.6 |
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