Home  >   401k Directory   >   Gateway Industrial Power, Inc.
 
Company:
Gateway Industrial Power, Inc.
Plan:
Gateway Industrial Power, Inc. Retirement Savings Plan
 

Gateway Industrial Power, Inc.

69 Plan: Gateway Industrial Power, Inc. Retirement Savings Plan

 
 
69
19
54
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (69) and the top rated plan (78) could equate to:
[How is this calculated?]
4 additional years of work
Up to $62,300 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

Gateway Industrial Power, Inc. Retirement Savings Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 69, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Company Generosity and Participation Rate. Gateway Industrial Power, Inc. Retirement Savings Plan currently has over 100 active participants and over $5.1M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
12
Plan Average: 24
Top 3 Funds in this 401k
1. Schwab S&P 500 Index 15%
2. PIMCO Total Return 13%
3. Harbor International 12%

 Retirement Plan Details

Address 921 Fournie Lane
Collinsville, IL 62234 
Industry Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Administrator David Keach
Net Plan Assets $5,090,000
Total Participants 130
Avg Account Balance $41,000

  Plan Service Providers

Investment Adviser Newport Group
Recordkeeper Newport Group
Auditor Marcum LLP

 Comments