The Eastern Company
65
Plan:
The Eastern Company Savings and Investment Plan
3
55
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (65) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $110,100 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
The Eastern Company Savings and Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Salary Deferral and Total Plan Cost. The Eastern Company Savings and Investment Plan currently has over 200 active participants and over $8.1M in plan assets.
Retirement Plan Details
| Address |
112 Bridge St 460
Naugatuck, CT 06770-2903 |
| Industry | Hardware Manufacturing |
| Administrator | Gene A Finelli |
| Net Plan Assets | $8,150,000 |
| Total Participants | 240 |
| Avg Account Balance | $33,000 |
Compare Other Companies in Peer Group
| United Displaycraft | 62.7 |
| Major Tool & Machine | 62.3 |
| Quality Control | 57.7 |
| Biddle Precision Components | 55.0 |
| Springfield Wire | 53.2 |
| Fort Recovery Industries | 49.6 |
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