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

Gale Banks Engineering

65 Plan: Gale Banks Engineering Employee Savings Plan

 
 
65
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86
0
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For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (65) and the top rated plan (86) could equate to:
[How is this calculated?]
11 additional years of work
Up to $94,000 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 65. This plan is in the top 15% of plans for Investment Menu Quality. Gale Banks Engineering Employee Savings Plan currently has over 100 active participants and over $3.0M in plan assets.

 

 Retirement Plan Details

Address 546 Duggan Ave.
Azusa, CA 91702-5136 
Industry Manufacturing
Administrator Susan C. Hanson
Net Plan Assets $3,020,000
Total Participants 190
Avg Account Balance $16,000

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Growth 21%
2. John Hancock Money Market 20%
3. John Hancock Funds II Lifestyle Balanced 12%

  Plan Service Providers

Auditor Maginnis, Knechtel & Mcintyre
Insurance Carrier John Hancock

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