Scales Industrial Technologies, Inc.
58
Plan:
18
55
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (58) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $104,800 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
Scales Industrial Technologies, Inc. Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and ESOP component. This plan has a BrightScope Rating of 58. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Scales Industrial Technologies, Inc. Employee Stock Ownership Plan currently has over 100 active participants and over $1.0M in plan assets.
Retirement Plan Details
| Address |
110 Voice Rd
Carle Place, NY 11514-1516 |
| Industry | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance |
| Administrator | Manlio J. Cafiero |
| Sponsor | William Scalchunes |
| Net Plan Assets | $1,010,000 |
| Total Participants | 160 |
| Avg Account Balance | $6,500 |
Compare Other Companies in Peer Group
| Kellstrom Commercial Aerospace | 65.2 |
| Fairbanks International | 64.8 |
| Hydro | 64.0 |
| Phillips Kiln Services Ltd. | 62.7 |
| Pinnacle Services, L.L.C. | 61.5 |
| Neo Industries, LLC | 59.4 |
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