Franklin Machine Products, Inc.
62
Plan:
Franklin Machine Products, Inc. 401k Profit Sharing Plan and Trust
34
60
76
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (62) and the top rated plan (76) could equate to:
[How is this calculated?]
[How is this calculated?]
6 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
Franklin Machine Products, Inc. 401k Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Total Plan Cost. Franklin Machine Products, Inc. 401k Profit Sharing Plan and Trust currently has over 100 active participants and over $4.8M in plan assets.
Retirement Plan Details
| Address |
101 Mount Holly By Pass
Lumberton, NJ 08048-1113 |
| Industry | Manufacturing |
| Administrator | Joseph Grato |
| Net Plan Assets | $4,850,000 |
| Total Participants | 150 |
| Avg Account Balance | $33,000 |
Compare Other Companies in Peer Group
| Custom Fabricating & Repair | 72.5 |
| Galaxy Tool | 69.6 |
| Handi-Foil | 63.5 |
| National Copper Products | 59.2 |
| Tube Art Displays | 55.7 |
| Win-Holt Equipment | 54.1 |
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