Overview

Plan Rating

BrightScope Rating
43
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (8)
Average in Peer Group (68)
Highest in Peer Group (86)

Plan Description

Aerostar Manufacturing Corporation 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 43. This plan is in the top 35% of plans for Salary Deferral. Aerostar Manufacturing Corporation 401k Retirement Plan currently has over 100 active participants and over $522.6K in plan assets.

Did you know?

For the average 401k participant, the 43 point difference between this plan's BrightScope Rating (43) and the top rated plan (86) could equate to:
19
Additional years of work
310,160
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 28275 Northline Rd.
  • Location
    Romulus , MI
  • 48174
  • Industry
    Manufacturing
  • Net Plan Assets
    $520,000
  • Total Participants
    140
  • Avg Account Balance
    $31,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Poor

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

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

Peer Group Plans

Company Rating
Bauer Compressors 55.6
TGW Systems 54.6
JC Ford Company 53.1
Met?Chem 52.5
Summit Casing Services, LLC 50.3
Watson Grinding and Mfg 44.5

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

37

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
John Hancock Multimanager Lifetime 23%
1%
Vanguard LifeStrategy Growth 15%
41%
Vanguard LifeStrategy Conservative Growth 9%
22%
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
Comerica
Insurance Advisor/Broker
Rehmann Financial
Auditor
Schreiber Advisors, Pc

Articles and Questions

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