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

Gateway Industrial Power, Inc.

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

 
 
70
38
63
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (70) and the top rated plan (86) could equate to:
[How is this calculated?]
9 additional years of work
Up to $95,400 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 70. This plan is in the top 35% of plans for Account Balances, Company Generosity, and Investment Menu Quality. Gateway Industrial Power, Inc. Retirement Savings Plan currently has over 100 active participants and over $8.0M in plan assets.


 Investment Menu Statistics

No. of Investment Options
12
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. PIMCO Total Return 16%
2. Schwab S&P 500 Index 14%
3. Harbor International 11%

 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 $7,960,000
Total Participants 150
Avg Account Balance $57,000

 
Plan Service Providers

Investment Adviser Newport Group
Recordkeeper Newport Group
Auditor Fidelity