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Company:
Thermon Industries, Inc.
Plan:
Thermon Industries, Inc. 401k Plan
 

Thermon Industries, Inc.

71 Plan: Thermon Industries, Inc. 401k Plan

 
 
71
40
65
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (71) and the top rated plan (86) could equate to:
[How is this calculated?]
10 additional years of work
Up to $34,100 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

Thermon Industries, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 35% of plans for Account Balances, Participation Rate, and Salary Deferral. Thermon Industries, Inc. 401k Plan currently has over 300 active participants and over $21.9M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
32
Plan Average: 24
Top 3 Funds in this 401k
1. Prudential Guaranteed Income Fund 36%
2. Prudential S&P 500 Index 8%
3. Fidelity Magellan 5%

 
Plan Component Ratings

 Retirement Plan Details

Address 100 Thermon Drive
Po Box 609
San Marcos, TX 78667 
Industry Manufacturing
Administrator Janna Caddell
Sponsor Jay Peterson
Net Plan Assets $21,900,000
Total Participants 370
Avg Account Balance $62,000

 Compare Other Companies in Peer Group

Sartorius Mechatronics 73.2
Century Engineering 72.4
Colomer USA 69.9
AMPC, Inc. d/b/a Proliant - APC -... 66.1
International Packaging 59.2
Kennametal 56.0

  Plan Service Providers

Insurance Carrier Prudential
Insurance Advisor/Broker Raymond James & Associates, Inc.
Insurance Advisor/Broker Bank of America Merrill Lynch
Administration Prudential
Recordkeeper Prudential
Auditor Holtzman, Moellenberg, Panozzo & Pe

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