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 (13)
Average in Peer Group (60)
Highest in Peer Group (83)

Plan Description

Electro-Methods, Inc. 401k Plan 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 Account Balances and Salary Deferral. Electro-Methods, Inc. 401k Plan currently has over 100 active participants and over $7.6M in plan assets.

Did you know?

For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (60) and the top rated plan (83) could equate to:
11
Additional years of work
122,197
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 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 330 Governors Highway
  • Location
    South Windsor , CT
  • 06074-2422
  • Industry
    Manufacturing
  • Administrator
    Paul Keller
  • Net Plan Assets
    $7,560,000
  • Total Participants
    170
  • Avg Account Balance
    $84,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Highest
Company Generosity:
Poor

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Below Avg.

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Great
Account Balance:
Great

Peer Group Plans

Company Rating
Aero-Mach Laboratories 74.9
D & D Gear 74.4
Tronair 68.8
Jarvis Group 65.5
Centurion Investments 65.3
Barfield 63.7
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Investments

Investment Menu Stats

# of Investment Options

27

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Self-Directed Brokerage Accounts 16%
N/A
John Hancock Lifestyle Balanced 11%
N/A
John Hancock Lifestyle Aggressive 9%
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
Insurance Advisor/Broker
Morgan Stanley
Auditor
Federman, Lally & Remis, LLC