Gateway Industrial Power, Inc.
69
Plan:
Gateway Industrial Power, Inc. Retirement Savings Plan
5
52
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (69) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $85,400 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 Investment Menu Quality and Participation Rate. Gateway Industrial Power, Inc. Retirement Savings Plan currently has over 100 active participants and over $2.9M in plan assets.
Retirement Plan Details
| Address |
921 Fournie Lane
Collinsville, IL 62234-7430 |
| Industry | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance |
| Administrator | David Keach |
| Net Plan Assets | $2,910,000 |
| Total Participants | 150 |
| Avg Account Balance | $20,000 |
Compare Other Companies in Peer Group
| Harting | 72.8 |
| Smile Business Products | 65.8 |
| Jensen U.S.A. | 59.8 |
| SMS Millcraft LLC | 57.4 |
| T. T. Coatings | 53.3 |
| McGill Maintenance Partnership, Ltd. | 52.1 |
Comments