R.E. Michel Company, LLC 401k Profit Sharing and Savings Plan and 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 and Total Plan Cost. R.E. Michel Company, LLC 401k Profit Sharing and Savings Plan and Trust currently has over 1,800 active participants and over $52.2M in plan assets.
Did you know?
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (60) and the top rated plan (92) could equate to:
20
Additional years of work
100,324
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
One R.e. Michel Drive
Benchmark your plan against others to achieve your business objectives.
Top Industry Articles
Investing
Issues That Can Trigger a Lawsuit Over TDFs in Retirement Plans
A litigation firm has listed what it is investigating for potential lawsuits over target-date funds (TDFs) in retirement plans.
August 21, 2019
exclusives
SECURE Act Ensnared in Senate After Flying Through House
Washington insiders say Senator Ted Cruz is probably the biggest roadblock to the SECURE Act being passed in the near-term under unanimous consent; among other issues, he wants the bill to allow people to use tax-advantaged 529 college savings accounts to pay for home school expenses.
July 8, 2019
Compliance
Upset in FINRA Board Large Seat Election
Board of Governors candidate-by-petition Chris Flint has defeated the FINRA-preferred candidate Andrew Duff.
August 20, 2019
Deals & People
Retirement Industry People Moves
Gramercy Funds hires global head of business development; Ascensus acquires retirement and benefits solution adviser; Private equity director joins Hirtle Callaghan; and more.
August 16, 2019
exclusives
The Next Generation of Producers Is Emerging
The median age of advisory firm associates is 42, while the median age of lead advisers is now 46 years, down from 50 as measured in 2015.
Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves
by Jason Hull
