Springfield Wire, Inc.
66
Plan:
Springfield Wire, Inc. Profit Sharing/401k Plan
24
62
81
0
10
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70
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100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (66) and the top rated plan (81) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $85,200 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
Springfield Wire, Inc. Profit Sharing/401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Account Balances and Salary Deferral. Springfield Wire, Inc. Profit Sharing/401k Plan currently has over 100 active participants and over $14.2M in plan assets.
Retirement Plan Details
| Address |
243 Cottage Street
Springfield, MA 01102-0638 |
| Industry | Manufacturing |
| Administrator | William Bradford |
| Net Plan Assets | $14,200,000 |
| Total Participants | 180 |
| Avg Account Balance | $76,000 |
Compare Other Companies in Peer Group
| Suhm Spring Works | 65.4 |
| United Displaycraft | 63.1 |
| Nasco | 62.7 |
| Barnes Group | 60.1 |
| Stabilus | 55.2 |
| Copperweld Bimetallics, LLC | 54.2 |
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