Home  >   401k Directory   >   Multi-Tech, Inc.
 
Company:
Multi-Tech, Inc.
Plan:
Multi-Tech, Inc. Employee Stock Ownership Plan and Trust Agreement
 

Multi-Tech, Inc.

70 Plan:

 
 
70
15
59
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (70) and the top rated plan (88) could equate to:
[How is this calculated?]
11 additional years of work
Up to $62,200 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

Multi-Tech, Inc. Employee Stock Ownership Plan and Trust Agreement is a defined contribution plan with a ESOP component. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. Multi-Tech, Inc. Employee Stock Ownership Plan and Trust Agreement currently has over 100 active participants and over $24.0M in plan assets.

 

 Retirement Plan Details

Address 1700 North 14th Street
Indianola, IA 50125-1587 
Industry Manufacturing
Net Plan Assets $24,000,000
Total Participants 180
Avg Account Balance $100,000

 Compare Other Companies in Peer Group

Gala Industries 78.2
Webex 69.1
Cameron Manufacturing & Design 62.9
Allmand Bros. 59.7
A & I Products 54.7
Wylie and Son, Inc. Dba Wylie... 53.6

 Top 3 Funds in this 401k

1. Cemen Tech, Inc. Common Stock 94%
2. Northern Trust Government Select 2%
3. Participant Loans 1%

  Plan Service Providers

Corporate Trustee Iowa State Bank
Legal Counsel Nyemaster Law Firm
Auditor Shull & Co
Recordkeeper Principal Financial Group

 Comments