Madix, Inc.
54
Plan:
Madix, Inc. Profit Sharing Plan
32
69
86
0
10
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70
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100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (54) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $201,700 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
Madix, Inc. Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 54. This plan is in the top 35% of plans for Investment Menu Quality and Total Plan Cost. Madix, Inc. Profit Sharing Plan currently has over 1,500 active participants and over $41.1M in plan assets.
Retirement Plan Details
| Address |
500 Airport Road
P.O. Box 729 Terrell, TX 75160 |
| Industry | Manufacturing |
| Administrator | Lenora Hannum |
| Net Plan Assets | $41,100,000 |
| Total Participants | 1,600 |
| Avg Account Balance | $27,000 |
Compare Other Companies in Peer Group
| Graybill Machines | 81.5 |
| Pemco | 78.5 |
| Mettler-Toledo | 77.1 |
| Nilfisk-Advance | 73.1 |
| Dexter Apache Holdings | 68.9 |
| Goss International Americas | 66.9 |
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