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R.E. Michel Company, LLC

Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

R.E. Michel Company, LLC

60
Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

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 (43)
Average in Peer Group (72)
Highest in Peer Group (92)

Plan Description

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
  • Location
    Glen Burnie , MD
    • 21060
  • Industry
    Wholesale Trade
  • Administrator
    Ronald Miller
  • Net Plan Assets
    $52,200,000
  • Total Participants
    1,800
  • Avg Account Balance
    $30,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Below Avg.

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Below Avg.

Performance

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

Peer Group Plans

Company Rating
Holt of California 82.5
Goodin Company 76.2
Kaeser Compressors 73.5
LaForce 72.5
Steiner Electric Company 69.8
Granite Group Wholesalers, LLC 66.6
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Investments

Investment Menu Stats

# of Investment Options

30

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Target Retirement 26%
27%
Vanguard Retirement Savings Trust 13%
N/A
Principal LargeCap Growth I 12%
22%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan
for Asset Managers

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Vanguard Group
Consultant
Vanguard Group
Consultant
Harbor Investment Advisory, LLC
Auditor
CliftonLarsonAllen LLP

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