Ford Gum & Machine Company
58
Plan:
Ford Gum Profit Sharing/401k Plan
25
60
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (58) and the top rated plan (82) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $189,900 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
Ford Gum Profit Sharing/401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Account Balances and Total Plan Cost. Ford Gum Profit Sharing/401k Plan currently has over 100 active participants and over $6.0M in plan assets.
Retirement Plan Details
| Address |
18 Newton Ave
Akron, NY 14001-1030 |
| Industry | Manufacturing |
| Administrator | John P. Kennelly |
| Net Plan Assets | $5,970,000 |
| Total Participants | 100 |
| Avg Account Balance | $58,000 |
Compare Other Companies in Peer Group
| Andes Candies LP | 68.4 |
| Pecan Deluxe Candy Company | 63.4 |
| Tootsie Roll Industries | 56.4 |
| Spreckels Sugar Company | 55.1 |
| Morley Candy Makers | 51.4 |
| American Licorice Company | 46.2 |
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