Toromont Industries
67
Plan:
Toromont Industries, Inc. and Subsidiaries Matched Savings Plan
29
69
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (67) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $107,900 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
Toromont Industries, Inc. and Subsidiaries Matched Savings Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 35% of plans for Salary Deferral and Total Plan Cost. Toromont Industries, Inc. and Subsidiaries Matched Savings Plan currently has over 700 active participants and over $18.8M in plan assets.
Retirement Plan Details
| Address |
395 West 1100 North
North Salt Lake, UT 84054 |
| Industry | Manufacturing |
| Administrator | Anna Paravi |
| Net Plan Assets | $18,800,000 |
| Total Participants | 740 |
| Avg Account Balance | $25,000 |
Compare Other Companies in Peer Group
| N.J. Malin Holding | 69.1 |
| Rice Lake Weighing Systems | 63.7 |
| Sunstate Equipment Co., LLC | 61.4 |
| Hartness International | 59.0 |
| HYDAC Technology | 58.3 |
| Precision Engineered Products | 57.4 |
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