Overview

Plan Rating

BrightScope Rating
9
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (9)
Average in Peer Group (70)
Highest in Peer Group (86)

Plan Description

Mechanix Wear, Inc. Employee Stock Ownership Plan is a defined contribution plan with a ESOP component. This plan has a BrightScope Rating of 9. This plan is in the top 15% of plans for Account Balances, Participation Rate, and Total Plan Cost. Mechanix Wear, Inc. Employee Stock Ownership Plan currently has fewer than 100 active participants and over $12.8M in plan assets.

Did you know?

For the average 401k participant, the 77 point difference between this plan's BrightScope Rating (9) and the top rated plan (86) could equate to:
43
Additional years of work
670,891
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 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 28525 W. Witherspoon Pkwy
  • Location
    Valencia , CA
  • 91355
  • Industry
    Other Miscellaneous Nondurable Goods Merchant Wholesalers
  • Net Plan Assets
    $12,800,000
  • Total Participants
    79
  • Avg Account Balance
    $160,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Poor

Performance

Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Great

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Poor

Performance

Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Great

Peer Group Plans

Company Rating
Hartmann USA 81.7
Quali Tech 80.0
Qosina 76.1
Peking Handicraft 73.5
S. Freedman & Sons 70.6
Drew Marine 52.7

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

1

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
First American Government Obligations 100%
87%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Provider

SERVICE PROVIDER
Auditor
Farber Hass Hurley, LLP

Articles and Questions

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