Sternberg Lanterns, Inc.
78
Plan:
Sternberg Lanterns, Inc. Employee Stock Ownership Plan
27
67
87
0
10
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70
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100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (78) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $7,300 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
Sternberg Lanterns, Inc. Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and leveraged ESOP component. This plan has a BrightScope Rating of 78, 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, Participation Rate, and Total Plan Cost. Sternberg Lanterns, Inc. Employee Stock Ownership Plan currently has over 100 active participants and over $39.6M in plan assets.
Retirement Plan Details
| Address |
555 Lawrence Avenue
Roselle, IL 60172 |
| Industry | Manufacturing |
| Administrator | Joel Perlin |
| Net Plan Assets | $39,600,000 |
| Total Participants | 120 |
| Avg Account Balance | $260,000 |
Compare Other Companies in Peer Group
| Electroimpact | 86.8 |
| Echelon | 78.8 |
| MPD | 73.8 |
| Avo International, Inc. d/b/a Megger | 67.7 |
| Kepco | 67.3 |
| Magnetek | 62.0 |
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