Palmer Electric Company
59
Plan:
17
61
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (59) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $152,100 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
Palmer Electric Company 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Participation Rate. Palmer Electric Company 401k Plan currently has over 200 active participants and over $2.8M in plan assets.
Retirement Plan Details
| Address |
875 Jackson Avenue
Winter Park, FL 32789-4610 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Scott Rousseau |
| Net Plan Assets | $2,750,000 |
| Total Participants | 240 |
| Avg Account Balance | $11,000 |
Compare Other Companies in Peer Group
| Ferguson Electric Company | 57.9 |
| Ace Electric | 55.9 |
| Longchamps Electric | 54.8 |
| E Light Electric Services | 51.8 |
| West Electric Group | 48.3 |
| Barnum & Celillo Electric | 48.2 |
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