Hercules Machine Tool & Die LLC
69
Plan:
HMTD & Affiliates 401k Retirement Savings Plan
32
63
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?]
[How is this calculated?]
7 additional years of work Up to $65,200 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.
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 | $86,000 |
Compare Other Companies in Peer Group
| Messer Cutting Systems | 74.5 |
| Steel Equipment Specialists, LLC | 66.8 |
| Hydromat, Inc. of St. Louis | 63.4 |
| Hazelett Strip-Casting | 62.6 |
| ASC Machine Tools | 61.7 |
| GTP Greenville | 57.8 |
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