Beaumont Electric Company, Inc.
48
Plan:
Beaumont Electric 401k Plan
17
61
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 38 point difference between this plan's BrightScope Rating (48) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
18 additional years of work Up to $259,000 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
Beaumont Electric 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 48. This plan is in the top 35% of plans for Investment Menu Quality. Beaumont Electric 401k Plan currently has fewer than 100 active participants and over $1.4M in plan assets.
Retirement Plan Details
| Address |
4584 Mercentile Ave, Suite E
Naples, FL 34104 |
| Industry | Electrical Contractors and Other Wiring Installation Contractors |
| Administrator | Douglas Sweet |
| Net Plan Assets | $1,400,000 |
| Total Participants | 76 |
| Avg Account Balance | $18,000 |
Compare Other Companies in Peer Group
| A & B Electric Company | 52.5 |
| Model Electronics | 49.7 |
| SE&M Constructors | 43.7 |
| G. A. Abell | 33.2 |
| Giacalone Electrical Services | 18.5 |
| Egan Companies | 16.5 |
Comments