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Company:
Gleason Corporation
Plan:
Gleason Corporation Retirement Savings Plan
 

Gleason Corporation

78 Plan: Gleason Corporation Retirement Savings Plan

 
 
78
27
67
88
0
10
20
30
40
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60
70
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90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (78) and the top rated plan (88) could equate to:
[How is this calculated?]
6 additional years of work
Up to $92,000 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

Gleason Corporation Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 78, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Participation Rate, and Total Plan Cost. Gleason Corporation Retirement Savings Plan currently has over 1,200 active participants and over $146.8M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
25
Plan Average: 24
Top 3 Funds in this 401k
1. Vanguard Retirement Savings Trust 16%
2. Vanguard Total Stock Market Index 14%
3. Vanguard Total Bond Market Index 8%

 Retirement Plan Details

Address P.O. Box 22970
1000 University Avenue
Rochester, NY 14692-2970 
Industry Manufacturing
Administrator Michelle Harden
Sponsor Nanci Malin-Peck
Net Plan Assets $147,000,000
Total Participants 1,300
Avg Account Balance $120,000

 Compare Other Companies in Peer Group

Ace Precision Machining 70.6
Thermadyne Holdings 67.7
Merit Gear LLC 65.8
Butech 65.8
K-Fab 49.9
Mennies Machine Company 49.6

  Plan Service Providers

Investment Adviser Vanguard Group
Recordkeeper Vanguard Group
Auditor Mengel Metzger Barr & Co., LLP

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