Home  >   401k Directory   >   Gale Banks Engineering
 
Company:
Gale Banks Engineering
Plan:
Gale Banks Engineering Employee Savings Plan
 

Gale Banks Engineering

64 Plan: Gale Banks Engineering Employee Savings Plan

 
 
64
44
63
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (64) and the top rated plan (78) could equate to:
[How is this calculated?]
6 additional years of work
Up to $120,500 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

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 64. This plan is in the top 35% of plans for Account Balances. Gale Banks Engineering Employee Savings Plan currently has over 100 active participants and over $6.7M in plan assets.


 Investment Menu Statistics

No. of Investment Options
23
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. American Century One Choice 2040 23%
2. Federated Capital Preservation Fund 15%
3. American Century One Choice 2030 11%

 Retirement Plan Details

Address 546 Duggan Ave
Azusa, CA 91702 
Industry Manufacturing
Administrator Barbara Matthews
Net Plan Assets $6,670,000
Total Participants 140
Avg Account Balance $57,000

 Compare Other Companies in Peer Group

Jaco 67.6
Ridge Engineering 65.6
Wilson-Hurd Mfg. Co. 63.2
The Western Group 62.7
Boston Retail Products 61.6
Phoenix Tube Co. 60.2

 
Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Bank of America Merrill Lynch
Recordkeeper ADP
Auditor Maginnis, Knechtel & Mcintyre