Magnesium Products of America, Inc.
55
Plan:
Magnesium Products of America, Inc. Retirement Savings Plan
10
61
85
0
10
20
30
40
50
60
70
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90
100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (55) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $180,700 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
Magnesium Products of America, Inc. Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 15% of plans for Investment Menu Quality. Magnesium Products of America, Inc. Retirement Savings Plan currently has over 300 active participants and over $12.3M in plan assets.
Retirement Plan Details
| Address |
2001 Industrial Dr
Eaton Rapids, MI 48827-8210 |
| Industry | Manufacturing |
| Administrator | Timothy Daiss |
| Net Plan Assets | $12,300,000 |
| Total Participants | 350 |
| Avg Account Balance | $35,000 |
Compare Other Companies in Peer Group
| The Perryman Company | 78.7 |
| RMI Titanium | 69.4 |
| ELG Haniel Metals | 67.6 |
| Mid-States Aluminum | 66.8 |
| Johnson Matthey | 60.9 |
| Jackson Iron & Metal Company | 59.5 |
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