Hoermann Gadco, LLC
52
Plan:
Hoermann Gadco, LLC Employees' Salary Savings Plan
12
58
75
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (52) and the top rated plan (75) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $124,700 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
Hoermann Gadco, LLC Employees' Salary Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 52. This plan is in the top 35% of plans for Investment Menu Quality. Hoermann Gadco, LLC Employees' Salary Savings Plan currently has over 200 active participants and over $5.2M in plan assets.
Retirement Plan Details
| Address |
5050 Baseline Rd
Montgomery, IL 60538-1125 |
| Industry | Manufacturing |
| Administrator | Bagher Doreh |
| Sponsor | Frank Weber |
| Net Plan Assets | $5,240,000 |
| Total Participants | 250 |
| Avg Account Balance | $21,000 |
Compare Other Companies in Peer Group
| Selmet | 60.9 |
| Universal Display & Fixtures Company | 59.9 |
| SSP Fittings | 56.8 |
| Precision Shooting Equipment | 55.5 |
| R.W. Lyall & Company | 53.9 |
| Alabama Specialty Products | 53.3 |
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