Overview

Plan Rating

BrightScope Rating
67
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (30)
Average in Peer Group (68)
Highest in Peer Group (83)

Plan Description

Aspen Equipment Co. 401k Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 35% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Aspen Equipment Co. 401k Plan and Trust currently has over 100 active participants and over $9.9M in plan assets.

Did you know?

For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (67) and the top rated plan (83) could equate to:
9
Additional years of work
26,967
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 9150 Pillsbury Ave. S.
  • Location
    Bloomington , MN
  • 55420
  • Industry
    Manufacturing
  • Administrator
    Mark Nicolay
  • Net Plan Assets
    $9,860,000
  • Total Participants
    150
  • Avg Account Balance
    $84,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Average

Performance

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

Peer Group Plans

Company Rating
Varflex 76.6
BIC 74.1
CPS Performance Materials 73.9
Schneider Packaging Equipment Co. 72.0
The Upper Deck Company 64.9
Cryomech 55.8

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

24

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Century Investments One Choice 22%
11%
Fidelity 500 Index 20%
10%
American Century Growth 8%
42%
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
Investment Adviser
Sageview Advisory Group
Recordkeeper
Empower
Auditor
CliftonLarsonAllen LLP

Articles and Questions

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