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Company:
Maco Bag Corporation
Plan:
Maco Bag Corporation Employee Stock Ownership Plan
 

Maco Bag Corporation

56 Plan:

 
 
56
13
61
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (56) and the top rated plan (83) could equate to:
[How is this calculated?]
13 additional years of work
Up to $176,800 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

Maco Bag Corporation Employee Stock Ownership Plan is a defined contribution plan with a leveraged ESOP component. This plan has a BrightScope Rating of 56. 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 $2.1M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
17
Plan Average: 24
Top 3 Funds in this 401k
1. Maco Bag Corporation Common Stock 62%
2. Total Common Stocks 13%
3. Manning & Napier Core Plus Bond 6%

 Retirement Plan Details

Address 412 Van Buren Street
Newark, NY 14513 
Industry Manufacturing
Administrator Craig Miller
Net Plan Assets $2,110,000
Total Participants 170
Avg Account Balance $12,000

  Plan Service Provider

Auditor Kasperski Owen & Dinan CPAs, LLC

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