Overview

Plan Rating

BrightScope Rating
79
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (42)
Average in Peer Group (74)
Highest in Peer Group (87)

Plan Description

Makino MOTE 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Account Balances and Salary Deferral. Makino MOTE 401k Savings Plan currently has over 600 active participants and over $82.5M in plan assets.

Did you know?

For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (79) and the top rated plan (87) could equate to:
5
Additional years of work
58,882
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 7680 Innovation Way
  • Location
    Mason , OH
  • 45040-9695
  • Industry
    Manufacturing
  • Net Plan Assets
    $82,500,000
  • Total Participants
    690
  • Avg Account Balance
    $150,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

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

Peer Group Plans

Company Rating
MTU America 83.2
Burr Oak Tool 81.1
Hypertherm 75.8
National Machinery LLC 74.7
Ingersoll Cutting Tool Company 73.8
Dayton Progress 71.7
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

22

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Principal Financial Group LifeTime 21%
25%
American Funds Fundamental Investors 14%
79%
Principal Guaranteed Investment Contract 13%
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
Principal Financial Group
Insurance Advisor/Broker
Morgan Stanley
Administration
Principal Financial Group
Recordkeeper
Principal Financial Group
Auditor
Grant Thornton, LLP

Articles and Questions

Boeing Plan Report (Updated)

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Why Do Investment Expenses Matter?
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