Overview

Plan Rating

BrightScope Rating
49
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (40)
Average in Peer Group (68)
Highest in Peer Group (90)

Plan Description

Ideal Fastener Corporation 401k Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 49. Ideal Fastener Corporation 401k Profit Sharing Plan and Trust currently has over 100 active participants and over $3.6M in plan assets.

Did you know?

For the average 401k participant, the 41 point difference between this plan's BrightScope Rating (49) and the top rated plan (90) could equate to:
20
Additional years of work
288,083
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 10800 Biscayne Blvd, Suite 350-B
  • Location
    Miami , FL
  • 33161
  • Industry
    Apparel Accessories and Other Apparel Manufacturing
  • Administrator
    Jo Anne Graney
  • Net Plan Assets
    $3,570,000
  • Total Participants
    180
  • Avg Account Balance
    $44,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

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

Peer Group Plans

Company Rating
Perrin Souvenir Distributors 68.3
The Gem Group 64.8
Ecco USA 61.0
Jacques Moret 60.2
Montana Silversmiths 57.2
Elie Tahari Ltd. 52.6

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

33

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
JPMorgan SmartRetirement 40%
64%
Swan Defined Risk Income 23%
N/A
Invesco Oppenheimer Developing Markets 8%
30%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
Gordon Asset Management, LLC (NC)
Administration
MVP Plan Administrators, Inc.
Recordkeeper
MVP Plan Administrators, Inc.
Consultant
MVP Plan Administrators, Inc.
Auditor
Stancil Pc

Articles and Questions

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