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Company:
The Oilgear Company
Plan:
The Oilgear Company Savings Plus Plan
 

The Oilgear Company

65 Plan:

 
 
65
47
67
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (65) and the top rated plan (82) could equate to:
[How is this calculated?]
8 additional years of work
Up to $170,400 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 Oilgear Company Savings Plus Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Account Balances and Total Plan Cost. The Oilgear Company Savings Plus Plan currently has over 300 active participants and over $17.6M in plan assets.

 

 Retirement Plan Details

Address 2300 S 51st St
Milwaukee, WI 53219-2340 
Industry Manufacturing
Administrator Charles Germain
Net Plan Assets $17,600,000
Total Participants 340
Avg Account Balance $52,000

 Compare Other Companies in Peer Group

Martin Engineering Company 74.8
US Natural Resources 67.8
Otto Engineering 63.6
ITT 63.2
Xaloy 58.5
Wood-Mizer Products 57.5

 Top 3 Funds in this 401k

1. Principal Stable Value Fund 21%
2. Principal Large Cap Growth I 16%
3. Principal LifeTime 2020 15%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker AXA Equitable
Administration Principal Financial Group
Auditor Baker Tilly

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