Hilite Industries, Inc.
62
Plan:
Hilite 401k Retirement and Savings Plan
27
65
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (62) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $144,800 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
Hilite 401k Retirement and Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Total Plan Cost. Hilite 401k Retirement and Savings Plan currently has over 500 active participants and over $20.6M in plan assets.
Retirement Plan Details
| Address |
127 Public Square, 4100 Key Tower
Cleveland, OH 44114 |
| Industry | Manufacturing |
| Administrator | Gregory A. Farmer |
| Net Plan Assets | $20,600,000 |
| Total Participants | 580 |
| Avg Account Balance | $36,000 |
Compare Other Companies in Peer Group
| C.E. Niehoff & Co. | 64.6 |
| Mubea | 63.1 |
| NGK Ceramics USA | 62.1 |
| SSI Technologies | 59.1 |
| AER Manufacturing, LP | 55.9 |
| Greenville Technology | 50.2 |
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