Overview

Plan Rating

BrightScope Rating
56
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 (74)
Highest in Peer Group (90)

Plan Description

Presrite Corporation 401k Retirement Savings and Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Participation Rate. Presrite Corporation 401k Retirement Savings and Profit Sharing Plan currently has over 400 active participants and over $30.4M in plan assets.

Did you know?

For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (56) and the top rated plan (90) could equate to:
18
Additional years of work
183,275
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 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 3665 East 78th Street
  • Location
    Cleveland , OH
  • 44105
  • Industry
    Manufacturing
  • Administrator
    John Stefan
  • Net Plan Assets
    $30,400,000
  • Total Participants
    440
  • Avg Account Balance
    $70,000

Plan Components

Component Ratings

Design

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

Performance

Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Above Average

Design

Total Plan Cost:
Low Fees
Company Generosity:
Poor

Performance

Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Average

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

20

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Transamerica General Account 10%
N/A
State Street Russell Large Cap Growth Index 9%
N/A
State Street Russell Large Cap Value Index 9%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
MetLife
Insurance Carrier
Transamerica
Recordkeeper
Transamerica
Investment Adviser
Mesirow Financial
Consultant
Mesirow Financial
Auditor
Meaden & Moore Financial Services, Ltd

Articles and Questions

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