Maco Bag Corporation
57
Plan:
10
54
73
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (57) and the top rated plan (73) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $145,100 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
Maco Bag Corporation Employee Stock Ownership Plan is a defined contribution plan with a profit-sharing component and leveraged ESOP component. This plan has a BrightScope Rating of 57. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Maco Bag Corporation Employee Stock Ownership Plan currently has over 100 active participants and over $655.6K in plan assets.
Retirement Plan Details
| Address |
412 Van Buren St
Newark, NY 14513-9205 |
| Industry | Manufacturing |
| Administrator | Craig Miller |
| Net Plan Assets | $660,000 |
| Total Participants | 130 |
| Avg Account Balance | $6,900 |
Compare Other Companies in Peer Group
| WL Plastics | 61.9 |
| Encore Industries | 53.7 |
| Douglas Stephen Plastics | 51.5 |
| Adams Mfg. | 48.6 |
| Snapware | 46.3 |
| Wilbert | 45.1 |
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