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Company:
Madison Paper Industries
Plan:
Madison Paper Industries Section 401k Savings and Investment Plan
 

Madison Paper Industries

71 Plan: Madison Paper Industries Section 401k Savings and Investment Plan

 
 
71
15
63
83
0
10
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70
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100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (71) and the top rated plan (83) could equate to:
[How is this calculated?]
7 additional years of work
Up to $80,800 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

Madison Paper Industries Section 401k Savings and Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. Madison Paper Industries Section 401k Savings and Investment Plan currently has over 200 active participants and over $29.4M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 129
Madison, ME 04950-0129 
Industry Manufacturing
Administrator Frank Flood
Net Plan Assets $29,400,000
Total Participants 250
Avg Account Balance $120,000

 Top 3 Funds in this 401k

1. New York Life Anchor Account 14%
2. Vanguard Target Retirement 2025 13%
3. Fidelity Advisor New Insights 9%

  Plan Service Providers

Insurance Carrier New York Life
Recordkeeper New York Life
Auditor KPMG, Llp

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