The MI Group, Inc.
69
Plan:
The MI Group, Inc. 401k Plan
21
51
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (69) and the top rated plan (77) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $40,200 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 MI Group, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 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 15% of plans for Investment Menu Quality and Participation Rate. The MI Group, Inc. 401k Plan currently has over 200 active participants and over $13.0M in plan assets.
Retirement Plan Details
| Address |
118 Algonquin Parkway
Whippany, NJ 07981 |
| Industry | Transportation and Warehousing |
| Administrator | Patricia Visosky |
| Net Plan Assets | $13,000,000 |
| Total Participants | 290 |
| Avg Account Balance | $45,000 |
Compare Other Companies in Peer Group
| Hutchins Trucking Company | 69.7 |
| Givens Group | 68.8 |
| Federal Warehouse Co. | 66.5 |
| Mercer Transportation Company | 64.6 |
| Hazmat Environmental Group | 64.4 |
| Cleveland Steel Container | 57.9 |
Comments