The M. K. Morse Company
46
Plan:
The M. K. Morse Company Profit Sharing Plan and Trust
24
59
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (46) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $263,400 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
The M. K. Morse Company Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 46. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. The M. K. Morse Company Profit Sharing Plan and Trust currently has over 400 active participants and over $10.2M in plan assets.
Retirement Plan Details
| Address |
1101 11th Street, S.E.
Canton, OH 44707 |
| Industry | Hardware Manufacturing |
| Administrator | George Briercheck |
| Net Plan Assets | $10,200,000 |
| Total Participants | 420 |
| Avg Account Balance | $26,000 |
Compare Other Companies in Peer Group
| Kemper Valve & Fittings | 73.9 |
| RISO | 71.3 |
| Blum | 65.1 |
| Kason Industries | 64.6 |
| Master Lock Company, LLC | 63.1 |
| M-D Building Products | 56.6 |
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