T. McGee Electric Inc.
58
Plan:
T. McGee Electric, Inc. Employees 401k Savings Plan
4
58
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (58) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $116,700 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
T. McGee Electric, Inc. Employees 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Salary Deferral. T. McGee Electric, Inc. Employees 401k Savings Plan currently has over 100 active participants and over $3.8M in plan assets.
Retirement Plan Details
| Address |
2390 S Reservoir St
Pomona, CA 91766-6410 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Trent Mcgee |
| Net Plan Assets | $3,810,000 |
| Total Participants | 120 |
| Avg Account Balance | $32,000 |
Compare Other Companies in Peer Group
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| Humphrey & Associates | 47.7 |
| Mock Plumbing & Mechanical | 43.6 |
| Johnson's Modern Electric Company | 36.3 |
| Trustees of Local No 41 Ibew Unit... | 18.8 |
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