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Company:
Younger Mfg. Co.
Plan:
Younger Mfg. Co. 401k Plan
 

Younger Mfg. Co.

76 Plan: Younger Mfg. Co. 401k Plan

 
 
76
7
57
89
0
10
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100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (76) and the top rated plan (89) could equate to:
[How is this calculated?]
8 additional years of work
Up to $119,500 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

Younger Mfg. Co. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 76, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Investment Menu Quality, and Salary Deferral. Younger Mfg. Co. 401k Plan currently has over 100 active participants and over $6.5M in plan assets.

 

 Retirement Plan Details

Address 2925 California St
Torrance, CA 90503-3914 
Industry Offices of Optometrists
Administrator Joseph D. Rips
Net Plan Assets $6,510,000
Total Participants 120
Avg Account Balance $55,000

 Top 3 Funds in this 401k

1. Total Guaranteed Investment Contracts 19%
2. Maxim S&P 500 Index 8%
3. Oakmark International 7%

  Plan Service Providers

Auditor Richard Weglarz, CPA
Insurance Carrier Great-West Life
Insurance Advisor/Broker Wells Fargo (Wachovia)

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