Mott Corporation
62
Plan:
47
66
83
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 (62) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $134,900 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 Employee Stock Ownership Plan is a defined contribution plan with a profit-sharing component, stock bonus component, and leveraged ESOP component. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Total Plan Cost. Mott Corporation Employee Stock Ownership Plan currently has over 100 active participants and over $29.1M in plan assets.
Retirement Plan Details
| Address |
84 Spring Ln
Farmington, CT 06032-3142 |
| Industry | Manufacturing |
| Administrator | Gary Colavecchio |
| Net Plan Assets | $29,100,000 |
| Total Participants | 170 |
| Avg Account Balance | $170,000 |
Compare Other Companies in Peer Group
| Heyco | 72.9 |
| H & T Waterbury | 72.1 |
| HBD Industries | 71.6 |
| Trans-Matic Mfg. Co. | 71.2 |
| Meadville Forging Company, L.P. | 67.4 |
| Francis Manufacturing Company | 66.3 |
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