M. Lipsitz & Co. Ltd
58
Plan:
M. Lipsitz & Co. Ltd Employee Profit-Sharing Plan
10
62
85
0
10
20
30
40
50
60
70
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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?]
[How is this calculated?]
14 additional years of work Up to $187,700 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
M. Lipsitz & Co. Ltd Employee Profit-Sharing 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 Company Generosity and Total Plan Cost. M. Lipsitz & Co. Ltd Employee Profit-Sharing Plan currently has over 300 active participants and over $8.3M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 1175
Waco, TX 76703 |
| Industry | Manufacturing |
| Administrator | Tim Nemec |
| Net Plan Assets | $8,330,000 |
| Total Participants | 400 |
| Avg Account Balance | $22,000 |
Compare Other Companies in Peer Group
| North American Hoganas Holdings | 76.0 |
| Bushwick Metals | 69.9 |
| Pennsylvania Steel Company | 59.2 |
| Allegheny Technologies | 57.0 |
| Alton Steel | 53.3 |
| Iowa Hold Tooling Company | 47.5 |
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