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Company:
Lake Painting, Inc.
Plan:
Lake Painting, Inc. Employee Stock Ownership Plan and Trust
 

Lake Painting, Inc.

53 Plan:

 
 
53
13
53
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (53) and the top rated plan (82) could equate to:
[How is this calculated?]
14 additional years of work
Up to $147,800 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

Lake Painting, Inc. Employee Stock Ownership Plan and Trust is a defined contribution plan with a ESOP component. This plan has a BrightScope Rating of 53. This plan is in the top 15% of plans for Participation Rate. Lake Painting, Inc. Employee Stock Ownership Plan and Trust currently has over 100 active participants and over $5.5M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
4
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Lake Painting, Inc. Common Stock 60%
2. Comerica Equity Allocation 22%
3. Comerica Fixed Income Allocation 16%

 
Plan Component Ratings

 Retirement Plan Details

Address Po Box 2105
2877 Venture Drive
Midland, MI 48641-2105 
Industry Construction
Administrator James R. Srebinski
Net Plan Assets $5,510,000
Total Participants 150
Avg Account Balance $36,000

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  Plan Service Providers

Corporate Trustee Comerica
Auditor Andrews Hooper & Pavlik P.L.C.

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