MAG Aerospace Industries, Inc.
78
Plan:
MAG Savings Plan
27
67
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (78) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
3 additional years of work Up to $15,100 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
MAG Savings Plan is a defined contribution plan with a 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, Company Generosity, Investment Menu Quality, and Salary Deferral. MAG Savings Plan currently has over 300 active participants and over $34.5M in plan assets.
Retirement Plan Details
| Address |
1500 Glenn Curtiss Street
Carson, CA 90746 |
| Industry | Manufacturing |
| Administrator | Jeanette Parr |
| Net Plan Assets | $34,500,000 |
| Total Participants | 360 |
| Avg Account Balance | $95,000 |
Compare Other Companies in Peer Group
| Blue Origin, LLC | 81.2 |
| AeroVironment | 77.3 |
| JAMCO America | 69.9 |
| Meyer Tool | 65.8 |
| Turbine Engine Components... | 63.3 |
| GE Aviation Systems, LLC | 62.8 |
Comments