National Industrial Concepts, Inc.
56
Plan:
National Industrial Concepts 401k Plan
29
61
78
0
10
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40
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70
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100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (56) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $138,300 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
National Industrial Concepts 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 35% of plans for Investment Menu Quality. National Industrial Concepts 401k Plan currently has over 300 active participants and over $7.8M in plan assets.
Retirement Plan Details
| Address |
1300 Nicollet Ave Ste 5000
Minneapolis, MN 55403-2606 |
| Industry | Manufacturing |
| Administrator | Jamie Todd |
| Net Plan Assets | $7,830,000 |
| Total Participants | 380 |
| Avg Account Balance | $21,000 |
Compare Other Companies in Peer Group
| Tri Tool | 68.0 |
| Kurt J. Lesker Co. | 66.9 |
| Keystone Powdered Metal Company | 57.4 |
| Standard Iron & Wire Works | 56.0 |
| Peko Precision Products | 50.3 |
| Sears Manufacturing Company | 47.4 |
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