Laitram LLC
71
Plan:
The Laitram Employees' Incentive Savings Plan
9
71
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (71) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $60,100 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
The Laitram Employees' Incentive Savings Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Company Generosity and Investment Menu Quality. The Laitram Employees' Incentive Savings Plan currently has over 1,100 active participants and over $88.7M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 50699
New Orleans, LA 70150 |
| Industry | Offices of Other Holding Companies |
| Administrator | Lawrence Oertling |
| Net Plan Assets | $88,700,000 |
| Total Participants | 1,100 |
| Avg Account Balance | $79,000 |
Compare Other Companies in Peer Group
| Delaware Management Holdings | 81.6 |
| HealthMarkets | 72.1 |
| Torchmark | 68.7 |
| Forsythe Technology | 62.1 |
| Gibraltar Steel Corporation of NY | 60.8 |
| Westlake Services | 55.0 |
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