Overview

Plan Rating

BrightScope Rating
60
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (33)
Average in Peer Group (64)
Highest in Peer Group (83)

Plan Description

The Ohio Moulding Corporation 401k & Profit Sharing Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Participation Rate. The Ohio Moulding Corporation 401k & Profit Sharing Trust currently has over 300 active participants and over $6.7M in plan assets.

Did you know?

For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (60) and the top rated plan (83) could equate to:
11
Additional years of work
131,673
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 12/31/2013
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 30396 Lakeland Blvd
  • Location
    Wickliffe , OH
  • 44092
  • Industry
    Manufacturing
  • Administrator
    Clinton Cassese
  • Net Plan Assets
    $6,740,000
  • Total Participants
    310
  • Avg Account Balance
    $23,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

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

Peer Group Plans

Company Rating
Nog 72.8
Keats Manufacturing Co. 58.2
Thomas & Skinner 57.6
Atlantic Tool & Die Company 57.3
Canton Drop Forge 57.1
Leiss Tool & Die 49.7
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Investments

Investment Menu Stats

# of Investment Options

27

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Empower Lifetime I 39%
N/A
Key Guaranteed Portfolio Fund 27%
N/A
American Funds Growth Fund of America 4%
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
Empower
Insurance Advisor/Broker
UBS Financial Services, Inc.
Recordkeeper
Empower
Auditor
Bcg & Company

Articles and Questions

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