The Newark Group, Inc.
53
Plan:
4
59
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (53) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
17 additional years of work Up to $191,400 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
The Newark Group, Inc. Employees Stock Ownership Plan is a defined contribution plan with a profit-sharing component and ESOP component. This plan has a BrightScope Rating of 53. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Total Plan Cost. The Newark Group, Inc. Employees Stock Ownership Plan currently has over 200 active participants and over $23.9M in plan assets.
Retirement Plan Details
| Address |
20 Jackson Dr
Cranford, NJ 07016-3609 |
| Industry | Manufacturing |
| Administrator | Joseph Byrne |
| Net Plan Assets | $23,900,000 |
| Total Participants | 270 |
| Avg Account Balance | $59,000 |
Compare Other Companies in Peer Group
| Kitchen Kompact | 75.8 |
| Capital Spectrum | 70.4 |
| Robert Mann Packaging | 59.3 |
| Baker Mcmillen Co. | 53.2 |
| Hartson-Kennedy Cabinet Top Co. | 52.3 |
| Wisconsin Box Company | 50.6 |
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