Knit-Rite, Inc.
55
Plan:
Knit-Rite, Inc. Employees 401k Profit Sharing Plan
3
55
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (55) and the top rated plan (78) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $147,800 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
Knit-Rite, Inc. Employees 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Investment Menu Quality and Participation Rate. Knit-Rite, Inc. Employees 401k Profit Sharing Plan currently has over 100 active participants and over $3.7M in plan assets.
Retirement Plan Details
| Address |
120 Osage Ave
Kansas City, KS 66105-1415 |
| Industry | Manufacturing |
| Administrator | Christopher H. Vering |
| Net Plan Assets | $3,720,000 |
| Total Participants | 140 |
| Avg Account Balance | $27,000 |
Compare Other Companies in Peer Group
| Stony Apparel | 60.5 |
| Asheboro Elastics | 59.6 |
| Evy Of California | 58.6 |
| Vanguard Industries West | 58.2 |
| Kudzu, LLC | 56.9 |
| Kids Line LLC | 53.5 |
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