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Company:
MAG Aerospace Industries, Inc.
Plan:
MAG Savings Plan
 

MAG Aerospace Industries, Inc.

76 Plan: MAG Savings Plan

 
 
76
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82
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For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (76) and the top rated plan (82) could equate to:
[How is this calculated?]
4 additional years of work
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

MAG Savings Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 76, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, and Salary Deferral. MAG Savings Plan currently has over 400 active participants and over $40.1M in plan assets.

 

 
Plan Component Ratings

 Retirement Plan Details

Address 1500 Glenn Curtiss St
Carson, CA 90746-4012 
Industry Manufacturing
Administrator Jeanette Parr
Net Plan Assets $40,100,000
Total Participants 470
Avg Account Balance $86,000

 Compare Other Companies in Peer Group

MRA Systems 79.8
WASP 76.8
Heath Tecna 74.7
Hartzell Propeller 70.5
Fairchild Holding 68.9
Northrop Grumman Information... 46.4

 Top 3 Funds in this 401k

1. Fidelity Low-Priced Stock 11%
2. Fidelity Growth Company 8%
3. Fidelity Managed Income Portfolio 8%

  Plan Service Providers

Auditor Miller, Kaplan, Arase & Co., LLP.
Recordkeeper Fidelity

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