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Company:
Art's Electric, Inc.
Plan:
Art's Electric, Inc. 401k Plan
 

Art's Electric, Inc.

58 Plan: Art's Electric, Inc. 401k Plan

 
 
58
22
61
85
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 (58) and the top rated plan (85) could equate to:
[How is this calculated?]
14 additional years of work
Up to $195,900 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

Art's Electric, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Art's Electric, Inc. 401k Plan currently has over 100 active participants and over $4.8M in plan assets.

 

 Retirement Plan Details

Address Po Box 524
Frankfort, KY 40602-0524 
Industry Manufacturing
Administrator Christy L. Ellis
Sponsor Artist Montfont Jr
Net Plan Assets $4,760,000
Total Participants 170
Avg Account Balance $30,000

 Top 3 Funds in this 401k

1. American Funds Growth Fund of America 30%
2. MetLife Guaranteed Investment Contract 20%
3. American Century Strategic Allocation: Aggressive 9%

  Plan Service Providers

Insurance Carrier MetLife
Auditor Mountjoy & Bressler LLP
Recordkeeper MetLife

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