Overview

Plan Rating

BrightScope Rating
64
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (41)
Average in Peer Group (78)
Highest in Peer Group (88)

Plan Description

IFS Industries, 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 64. This plan is in the top 35% of plans for Total Plan Cost. IFS Industries, Inc. Profit Sharing 401k Plan currently has over 600 active participants and over $15.9M in plan assets.

Did you know?

For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (64) and the top rated plan (88) could equate to:
13
Additional years of work
139,392
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 400 Orrton Ave, P.o. Box 1053
  • Location
    Reading , PA
  • 19603
  • Industry
    Manufacturing
  • Administrator
    Pamela Ciraulo
  • Net Plan Assets
    $15,900,000
  • Total Participants
    630
  • Avg Account Balance
    $29,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Average

Performance

Participation Rate:
Average
Salary Deferrals:
Average
Account Balance:
Below Avg.

Design

Total Plan Cost:
Average Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Average
Salary Deferrals:
Below Avg.
Account Balance:
Below Avg.

Peer Group Plans

Company Rating
Casa Systems 85.2
Aerohive Networks 83.3
Cradlepoint 73.5
Tobii DynaVox, LLC 70.8
Winegard Company 66.1
OFS Fitel, LLC 63.8
Are you a Plan Sponsor?
Benchmark your plan against others to achieve your business objectives.

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

30

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Funds (Capital Group) Target Date Retirement 33%
9%
Galliard Stable Value Fund 15%
N/A
Vanguard Balanced Index 9%
14%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
MassMutual
Auditor
Herbein Company,Inc.

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
Have a question about retirement plans?
Our community of registered financial advisors are standing by to share their experience.
Ask a question