Power Drives, Inc.
56
Plan:
Power Drives, Inc. 401k Savings Plan
39
65
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (56) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $229,600 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
Power Drives, Inc. 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. Power Drives, Inc. 401k Savings Plan currently has over 100 active participants and over $2.4M in plan assets.
Retirement Plan Details
| Address |
133 Hopkins St
Buffalo, NY 14220-2101 |
| Industry | Wholesale Trade |
| Administrator | Suzanne Z. Elliott |
| Sponsor | Michael S Betrus |
| Net Plan Assets | $2,380,000 |
| Total Participants | 180 |
| Avg Account Balance | $13,000 |
Compare Other Companies in Peer Group
| Darr Equipment, LP | 67.3 |
| Forman Industries | 60.3 |
| Wiese Material Handling | 57.3 |
| Perfection Hydraulics | 54.9 |
| Telstrat International Ltd. | 52.7 |
| Leitz Tooling Systems | 51.3 |
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