Overview

Plan Rating

BrightScope Rating
63
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (50)
Average in Peer Group (69)
Highest in Peer Group (86)

Plan Description

Engineered Machined Products, Inc. Collectively Bargained Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 15% of plans for Account Balances. Engineered Machined Products, Inc. Collectively Bargained Plan currently has over 100 active participants and over $15.2M in plan assets.

Did you know?

For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (63) and the top rated plan (86) could equate to:
12
Additional years of work
145,302
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 3111 N. 28th Street
  • Location
    Escanaba , MI
  • 49829-9324
  • Industry
    Manufacturing
  • Administrator
    Lynn Labadie
  • Net Plan Assets
    $15,200,000
  • Total Participants
    190
  • Avg Account Balance
    $99,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

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

Peer Group Plans

Company Rating
LMT Onsrud, LP 78.4
Humphrey Products Company 70.9
Innotec 70.0
Fullerton Tool Company 70.0
RTDCorp 65.6
Suspa 64.7

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

23

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Funds Investment Company of America 16%
N/A
American Funds Growth Fund of America 15%
N/A
John Hancock Stable Value Fund 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
John Hancock
Recordkeeper
John Hancock
Investment Adviser
Edward Jones
Auditor
Anderson Tackman & Co

Articles and Questions

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