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Company:
Regal Cutting Tools, Inc.
Plan:
Regal Cutting Tools, Inc. Retirement Savings Plan
 

Regal Cutting Tools, Inc.

61 Plan: Regal Cutting Tools, Inc. Retirement Savings Plan

 
 
61
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59
79
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For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (61) and the top rated plan (79) could equate to:
[How is this calculated?]
8 additional years of work
Up to $113,500 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

Regal Cutting Tools, Inc. Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Account Balances. Regal Cutting Tools, Inc. Retirement Savings Plan currently has over 100 active participants and over $6.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
20
Plan Average: 24
Top 3 Funds in this 401k
1. BMO Stable Principal Fund 15%
2. Regal Beloit Corporation Common Stock 15%
3. BMO Aggressive Balanced 7%

 Retirement Plan Details

Address 5330 East Rockton Road
Roscoe, IL 61073 
Industry Manufacturing
Administrator George Collas
Net Plan Assets $6,180,000
Total Participants 120
Avg Account Balance $61,000

 Compare Other Companies in Peer Group

Handi-Foil 71.8
Micro Matic USA 67.8
Pointe Precision 67.4
TSW Products Co. 63.2
Pro-Tech Industries 61.7
John C. Nordt 60.1

  Plan Service Providers

Corporate Trustee Marshall & Ilsley
Recordkeeper Marshall & Ilsley
Auditor McGladrey

 Comments