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Company:
Hercules Machine Tool & Die LLC
Plan:
HMTD & Affiliates 401k Retirement Savings Plan
 

Hercules Machine Tool & Die LLC

69 Plan: HMTD & Affiliates 401k Retirement Savings Plan

 
 
69
31
64
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (69) and the top rated plan (82) could equate to:
[How is this calculated?]
6 additional years of work
Up to $151,200 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

HMTD & Affiliates 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Account Balances and Investment Menu Quality. HMTD & Affiliates 401k Retirement Savings Plan currently has over 100 active participants and over $10.5M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
28
Plan Average: 24
Top 3 Funds in this 401k
1. MetLife Managed Guaranteed Investment Contract 34%
2. American Funds Growth Fund of America 7%
3. American Beacon Large Cap Growth 7%

 Retirement Plan Details

Address 13920 E. Ten Mile Road
Warren, MI 48089 
Industry Manufacturing
Administrator Tod Jenkins
Net Plan Assets $10,500,000
Total Participants 120
Avg Account Balance $95,000

  Plan Service Providers

Recordkeeper Alliance Benefit Group
Consultant Alliance Benefit Group
Auditor Baker Tilly

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