Servotronics, Inc.
10
Plan:
9
63
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 74 point difference between this plan's BrightScope Rating (10) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $75,800 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
Servotronics, Inc. Employee Stock Ownership Plan is a defined contribution plan with a leveraged ESOP component. This plan has a BrightScope Rating of 10. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Servotronics, Inc. Employee Stock Ownership Plan currently has over 100 active participants and over $9.7M in plan assets.
Retirement Plan Details
| Address |
1110 Maple Street, P.O. Box 300
Elma, NY 14059-9573 |
| Industry | Manufacturing |
| Net Plan Assets | $9,660,000 |
| Total Participants | 160 |
| Avg Account Balance | $23,000 |
Compare Other Companies in Peer Group
| Quality Industries | 71.4 |
| Janesville Sand & Gravel Co. and... | 68.4 |
| CIC Group | 64.1 |
| Nooter | 58.8 |
| Batesville Tool & Die | 58.0 |
| Rowe Fine Furniture | 50.0 |
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