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Company:
Quality Metal Products, Inc.
Plan:
Quality Metal Products, Inc. Employees Profit Sharing Plan
 

Quality Metal Products, Inc.

38 Plan: Quality Metal Products, Inc. Employees Profit Sharing Plan

 
 
38
38
66
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 44 point difference between this plan's BrightScope Rating (38) and the top rated plan (82) could equate to:
[How is this calculated?]
20 additional years of work
Up to $264,700 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

Quality Metal Products, Inc. Employees Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 38. This plan is in the top 15% of plans for Participation Rate. Quality Metal Products, Inc. Employees Profit Sharing Plan currently has over 100 active participants and over $6.3M in plan assets.

 

 Retirement Plan Details

Address 7006 N. Galena Road
Peoria, IL 61614 
Industry Manufacturing
Administrator Lori A. Gaskins
Sponsor Josephine E. Dunbar
Net Plan Assets $6,300,000
Total Participants 160
Avg Account Balance $40,000

 Compare Other Companies in Peer Group

Wacker Neuson 66.6
Amadas Group 62.9
Patz Sales 58.1
Manitex 55.4
Abilene Machine 55.0
Continental Equipment... 44.9

 Top 3 Funds in this 401k

1. Hartford Life Sub-Advised Guaranteed Investment Contracts 27%
2. Total Corporate Bonds 20%
3. Total Common Stocks 10%

  Plan Service Providers

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Insurance Carrier Hartford
Insurance Advisor/Broker Robert W. Baird & Co.
Auditor Heinold-Banwart, Ltd.

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