Morganite Industries, Inc.
67
Plan:
Morgan US Employees 401k Plan
42
72
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (67) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $91,400 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
Morgan US Employees 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Total Plan Cost. Morgan US Employees 401k Plan currently has over 2,800 active participants and over $127.1M in plan assets.
Retirement Plan Details
| Address |
4000 West Chase Blvd., Suite 170
Raleigh, NC 27607 |
| Industry | Manufacturing |
| Administrator | Fred Wollman |
| Net Plan Assets | $127,000,000 |
| Total Participants | 2,900 |
| Avg Account Balance | $44,000 |
Compare Other Companies in Peer Group
| Electro Scientific Industries | 75.0 |
| Yaskawa Electric America | 73.3 |
| Legrand Holding | 73.2 |
| Okonite Company | 70.8 |
| Powell Industries | 69.5 |
| OSI Systems | 67.3 |
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