Aerospace Products International, Inc.

62

Overview

Plan Rating

BrightScope Rating
62
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (36)
Average in Peer Group (63)
Highest in Peer Group (82)

Plan Description

API 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. API 401k Plan currently has over 100 active participants and over $3.4M in plan assets.

Did you know?

For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (62) and the top rated plan (82) could equate to:
9
Additional years of work
146,837
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 3778 Distriplex Dr. North
  • Location
    Memphis , TN
  • 38118
  • Industry
    Other Miscellaneous Durable Goods Merchant Wholesalers
  • Administrator
    Denise Liddell
  • Net Plan Assets
    $3,370,000
  • Total Participants
    110
  • Avg Account Balance
    $34,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

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

Peer Group Plans

Company Rating
System Design Advantage 63.9
Level 10, LLC 60.7
The Burmax Company 60.6
Discount Media Products, LLC 60.5
Novelty 47.8
Elias Wilf 44.8
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Investments

Investment Menu Stats

# of Investment Options

38

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Alger Capital Appreciation Institutional 15%
29%
American Century Equity Income 12%
67%
Oakmark Equity & Income 12%
21%
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
Insurance Advisor/Broker
Ameriprise Financial
Recordkeeper
Empower
Investment Adviser
Ameriprise Financial
Auditor
Dixon Hughes Goodman, LLC

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

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

Why Do Investment Expenses Matter?
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