9 additional years of work Up to $120,500 in lost retirement savings.Forman Industries, Inc. 401k Profit Sharing 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 Investment Menu Quality and Salary Deferral. Forman Industries, Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $3.0M in plan assets.
| Address |
3150 Bordentown Ave
Old Bridge, NJ 08857-9703 |
| Industry | Wholesale Trade |
| Administrator | Steven P. Forman |
| Net Plan Assets | $2,980,000 |
| Total Participants | 180 |
| Avg Account Balance | $16,000 |
| Darr Equipment, LP | 65.7 |
| Power Drives | 56.0 |
| Takara Belmont USA | 55.1 |
| Perfection Hydraulics | 55.0 |
| Wiese Material Handling | 54.6 |
| Telstrat International Ltd. | 53.9 |
| 1. | Janus Forty | 10% |
| 2. | SSgA S&P 500 Index | 8% |
| 3. | Fidelity Advisor Equity Income | 7% |
| Recordkeeper | ADP |
| Auditor | Frankel & Topche |
| Corporate Trustee | State Street Global Advisors |
BrightScope Rating
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