Travers Tool Co., Inc.
58
Plan:
Travers Tool Co., Inc. 401k Profit Sharing Plan
35
62
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 $129,800 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
Travers Tool Co., Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Total Plan Cost. Travers Tool Co., Inc. 401k Profit Sharing Plan currently has over 100 active participants and over $3.8M in plan assets.
Retirement Plan Details
| Address |
128-15 26th Avenue
Flushing, NY 11354 |
| Industry | Wholesale Trade |
| Administrator | Helene Obrien |
| Net Plan Assets | $3,790,000 |
| Total Participants | 140 |
| Avg Account Balance | $27,000 |
Compare Other Companies in Peer Group
| Employee Owned Holdings | 69.1 |
| Optoma Technology | 66.9 |
| DocuTEAM | 61.6 |
| Spiral Binding Company | 58.7 |
| MacPherson Western Tool & Supply... | 46.3 |
| Augusta Glen Partners LLC | 43.6 |
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