Mack Boring & Parts Co.
63
Plan:
Mack Boring & Parts Co. Retirement Plan
8
66
86
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 (63) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $96,100 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
Mack Boring & Parts Co. Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 35% of plans for Salary Deferral. Mack Boring & Parts Co. Retirement Plan currently has over 100 active participants and over $2.9M in plan assets.
Retirement Plan Details
| Address |
2365 Route 22
Union, NJ 07083 |
| Industry | Manufacturing |
| Administrator | Stephen Mcgovern |
| Net Plan Assets | $2,920,000 |
| Total Participants | 130 |
| Avg Account Balance | $23,000 |
Compare Other Companies in Peer Group
| Twin Disc | 78.0 |
| Nagel Precision | 72.8 |
| Steel Equipment Specialists, LLC | 71.4 |
| Cameron International | 70.0 |
| STD Med | 56.8 |
| Allied-Locke Industries | 55.5 |
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