Schmiede Corporation
64
Plan:
Schmiede Corporation 401k Plan
33
57
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (64) and the top rated plan (81) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $78,600 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
Schmiede Corporation 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Account Balances and Total Plan Cost. Schmiede Corporation 401k Plan currently has over 100 active participants and over $7.3M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 1630 - 1865 Riley Creek Rd
Tullahoma, TN 37388 |
| Industry | Manufacturing |
| Administrator | Kenneth Butler |
| Net Plan Assets | $7,290,000 |
| Total Participants | 160 |
| Avg Account Balance | $47,000 |
Compare Other Companies in Peer Group
| Dynamic Materials | 69.7 |
| J.E. Grote Company | 65.9 |
| Cincinnati Steel Treating Company | 63.0 |
| D & S Manufacturing Company | 61.9 |
| Allegheny Technologies | 57.8 |
| The C.A. Lawton Company | 57.5 |
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