The L.S. Starrett Company
50
Plan:
4
59
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (50) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $121,900 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 L.S. Starrett Company Employee Stock Ownership Plan is a defined contribution plan with a ESOP component. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. The L.S. Starrett Company Employee Stock Ownership Plan currently has over 800 active participants and over $17.9M in plan assets.
Retirement Plan Details
| Address |
121 Crescent St
Athol, MA 01331-1913 |
| Industry | Manufacturing |
| Administrator | Randall J. Hylek |
| Net Plan Assets | $17,900,000 |
| Total Participants | 850 |
| Avg Account Balance | $21,000 |
Compare Other Companies in Peer Group
| Hillerich & Bradsby Company | 74.8 |
| Wright of Thomasville | 67.6 |
| Envision | 57.0 |
| Air-Way Manufacturing Company | 57.0 |
| A.L.P. Lighting Components | 55.4 |
| Lancaster Colony | 36.3 |
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