Lake Painting, Inc.
53
Plan:
28
62
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (53) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $191,600 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 and Total Plan Cost. Lake Painting, Inc. Employee Stock Ownership Plan and Trust currently has over 100 active participants and over $5.5M in plan assets.
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 | $37,000 |
Compare Other Companies in Peer Group
| Ulliman Schutte Construction | 72.5 |
| Chesapeake Sprinkler Company | 63.6 |
| Spencer Technologies | 55.7 |
| Century Contractors | 55.1 |
| Geo-Synthetics | 52.7 |
| Diversified Metal Products | 45.9 |
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