Mike Diamond Plumbing, Inc.
63
Plan:
Mike Diamond Enterprises 401k Profit Sharing Plan
63
16
60
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (63) and the top rated plan (86) could equate to:
[How is this calculated?]
12 additional years of work
Up to $188,000 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.
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Retirement Plan Description
Mike Diamond Enterprises 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 35% of plans for Participation Rate. Mike Diamond Enterprises 401k Profit Sharing Plan currently has over 100 active participants and over $4.8M in plan assets.
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