Model Electronics, Inc.
50
Plan:
Model Electronics, Inc. 401k Plan
17
61
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (50) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
17 additional years of work Up to $257,100 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
Model Electronics, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Investment Menu Quality. Model Electronics, Inc. 401k Plan currently has fewer than 100 active participants and over $1.7M in plan assets.
Retirement Plan Details
| Address |
615 E. Crescent Avenue
Ramsey, NJ 07446 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Thomas Churchill |
| Net Plan Assets | $1,700,000 |
| Total Participants | 91 |
| Avg Account Balance | $21,000 |
Compare Other Companies in Peer Group
| Energy Erectors | 52.9 |
| A & B Electric Company | 52.5 |
| Beaumont Electric Company | 47.6 |
| SE&M Constructors | 43.7 |
| G. A. Abell | 33.2 |
| Giacalone Electrical Services | 18.5 |
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