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Company:
Mott Corporation
Plan:
Mott Corporation 401k Plan
 

Mott Corporation

70 Plan:

 
 
70
6
58
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (70) and the top rated plan (81) could equate to:
[How is this calculated?]
6 additional years of work
Up to $2,800 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

Mott Corporation 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Account Balances and Salary Deferral. Mott Corporation 401k Plan currently has over 100 active participants and over $10.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
35
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Russell LifePoints Growth Strategy 11%
2. Fidelity Advisor Stock Selector Mid Cap 8%
3. American Funds EuroPacific Growth 7%

 Retirement Plan Details

Address 84 Spring Ln
Farmington, CT 06032-3142 
Industry Manufacturing
Administrator Gary Colavecchio
Net Plan Assets $10,600,000
Total Participants 180
Avg Account Balance $67,000

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker UBS Financial Services, Inc.
Administration Principal Financial Group
Auditor J.H. Cohn

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