Foreway Transportation, Inc.
42
Plan:
Foreway Transportation Employee Retirement Plan
21
51
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 35 point difference between this plan's BrightScope Rating (42) and the top rated plan (77) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $211,300 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
Foreway Transportation Employee Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 42. This plan is in the top 35% of plans for Investment Menu Quality. Foreway Transportation Employee Retirement Plan currently has over 200 active participants and over $1.1M in plan assets.
Retirement Plan Details
| Address |
1413 Randall Street
Coopersville, MI 49404 |
| Industry | Transportation and Warehousing |
| Administrator | Randy Ensing |
| Sponsor | Kathleen Murphy |
| Net Plan Assets | $1,050,000 |
| Total Participants | 210 |
| Avg Account Balance | $5,000 |
Compare Other Companies in Peer Group
| Carroll Fulmer Logistics | 54.6 |
| Nationwide Express | 53.4 |
| I-10 International Trucks, Inc.... | 53.1 |
| Taylor Truck Line | 52.0 |
| Kinard Trucking | 49.5 |
| Walpole | 40.5 |
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