Taylor Electric, Inc.
65
Plan:
Taylor Electric, Inc. Retirement Plan
3
59
86
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 (65) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $104,900 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
Taylor Electric, Inc. Retirement Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Account Balances. Taylor Electric, Inc. Retirement Plan currently has over 100 active participants and over $12.3M in plan assets.
Retirement Plan Details
| Address |
2650 South 1030 West
Salt Lake City, UT 84119 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Ryan Taylor |
| Net Plan Assets | $12,300,000 |
| Total Participants | 170 |
| Avg Account Balance | $79,000 |
Compare Other Companies in Peer Group
| Northern Star Industries | 79.6 |
| Aldridge Electric | 79.3 |
| Parsons Electric LLC | 75.1 |
| Pfeiffer & Son, Ltd. | 73.0 |
| Frey Lutz | 66.3 |
| IBEW Local Union No. 812 Annuity Fund | 56.4 |
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