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Company:
Gale Banks Engineering
Plan:
Gale Banks Engineering Employee Savings Plan
 

Gale Banks Engineering

66 Plan: Gale Banks Engineering Employee Savings Plan

 
 
66
32
57
79
0
10
20
30
40
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60
70
80
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100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (66) and the top rated plan (79) could equate to:
[How is this calculated?]
7 additional years of work
Up to $39,000 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

Gale Banks Engineering Employee Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66, placing it in the top 15% of all plans in its peer group. Gale Banks Engineering Employee Savings Plan currently has over 100 active participants and over $5.0M in plan assets.


 Investment Menu Statistics

No. of Investment Options
71
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. John Hancock Funds II Lifestyle Growth 23%
2. John Hancock Money Market 12%
3. John Hancock Funds II Lifestyle Balanced 12%

 Retirement Plan Details

Address 546 Duggan Ave.
Azusa, CA 91702-5136 
Industry Manufacturing
Administrator Susan C. Hanson
Net Plan Assets $5,020,000
Total Participants 160
Avg Account Balance $39,000

  Plan Service Providers

Insurance Carrier John Hancock
Auditor Maginnis, Knechtel & Mcintyre
Recordkeeper John Hancock