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Company:
Oil City Iron Works Inc.
Plan:
Oil City Iron Works 401k Plan
 

Oil City Iron Works Inc.

61 Plan: Oil City Iron Works 401k Plan

 
 
61
32
60
88
0
10
20
30
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60
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100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (61) and the top rated plan (88) could equate to:
[How is this calculated?]
14 additional years of work
Up to $120,200 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

Oil City Iron Works 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Company Generosity, Investment Menu Quality, and Total Plan Cost. Oil City Iron Works 401k Plan currently has over 200 active participants and over $4.4M in plan assets.

 

 Retirement Plan Details

Address 909 S 12th St
Corsicana, TX 75110-7803 
Industry Manufacturing
Administrator Becky Kinkade, V.P. of Hr
Net Plan Assets $4,390,000
Total Participants 200
Avg Account Balance $22,000

 Top 3 Funds in this 401k

1. Principal Guaranteed Investment Contract 18%
2. Principal Diversified International 12%
3. Principal SmallCap Blend 11%

  Plan Service Providers

Auditor Hudson Anderson & Assoc Pc
Insurance Carrier Principal Financial Group

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