Somerset Industries, Inc.
48
Plan:
Somerset Industries, Inc. Employees' Retirement Plan
11
57
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (48) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
17 additional years of work Up to $243,300 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
Somerset Industries, Inc. Employees' Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. Somerset Industries, Inc. Employees' Retirement Plan currently has fewer than 100 active participants and over $965.4K in plan assets.
Retirement Plan Details
| Address |
68 Harrison St
Gloversville, NY 12078-4732 |
| Industry | Manufacturing |
| Administrator | Bruce Dingman |
| Net Plan Assets | $970,000 |
| Total Participants | 64 |
| Avg Account Balance | $21,000 |
Compare Other Companies in Peer Group
| Nexcel Synthetics | 49.4 |
| Fiber Bond | 45.9 |
| CloverTex, LLC | 45.1 |
| Warp Processing Company | 44.8 |
| Wilen Products | 37.7 |
| Golden Star | 37.2 |
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