Overview
Plan Description
Haver Tyler Profit Sharing & Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. Haver Tyler Profit Sharing & Savings Plan currently has over 200 active participants and over $7.2M in plan assets.
Did you know?
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (66) and the top rated plan (83) could equate to:
9
Additional years of work
116,225
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 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 8570 Tyler Boulevard
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 8570 Tyler Boulevard
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LocationMentor , OH44060
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IndustryManufacturing
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AdministratorJudith Osgood
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Net Plan Assets$7,240,000
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Total Participants210
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Avg Account Balance$39,000
Plan Components
Component Ratings
Design
Total Plan Cost:
Average Fees
Company Generosity:
Average
Performance
Participation Rate:
Average
Salary Deferrals:
Below Avg.
Account Balance:
Average
Design
Total Plan Cost:
Low Fees
Company Generosity:
Above Average
Performance
Participation Rate:
Above Average
Salary Deferrals:
Average
Account Balance:
Above Average
Peer Group Plans
Company | Rating |
---|---|
Select Arc | 65.6 |
AmProd Holdings, LLC | 64.3 |
Gerkin Windows & Doors | 60.5 |
Low Temp Industries | 58.3 |
Super Steel LLC | 52.5 |
Kerotest Manufacturing | 46.5 |
Top Industry Articles
Compliance
Stimulus Bill Extends Some Provisions of the CARES Act
It also provides a way for retirement plan sponsors to avoid a partial plan termination.
December 28, 2020
Practice Management
Practice Management: Areas of Success
A look at what worked particularly well in 2020 and that could keep propelling growth in 2021.
December 28, 2020
Deals & People
HUB Names New Leader for Retirement and Private Wealth
PLANADVISER has learned that HUB International has named Joe DeNoyior as the new leader for Retirement and Private Wealth.
January 22, 2021
exclusives
Democrats Have Won the Power to Fix Union Pensions
A bipartisan compromise solution to end the multiemployer pension crisis is urgently required, sources agree, and one could finally be forthcoming in the U.S. Congress.
January 19, 2021
Compliance
Retirement Plan Trustee Faces Cybersecurity-Related Lawsuit
The lawsuit says the trustee failed to prevent a fraudulent distribution from a participant's account and is failing to take responsibility.
January 15, 2021
Investments
Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
---|---|---|
JPMorgan SmartRetirement | 70% |
24%
|
Victory Sycamore Small Company Opportunity | 7% |
66%
|
MFS Mid Cap Value | 7% |
31%
|
|
100%
|
|
|
100%
|
|
|
100%
|
|
|
100%
|
View all funds in this plan
Providers
Articles and Questions

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