Overview

Plan Rating

BrightScope Rating
70
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (38)
Average in Peer Group (63)
Highest in Peer Group (86)

Plan Description

Gateway Industrial Power, Inc. Retirement Savings Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 35% of plans for Account Balances and Company Generosity. Gateway Industrial Power, Inc. Retirement Savings Plan currently has over 100 active participants and over $8.0M in plan assets.

Did you know?

For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (70) and the top rated plan (86) could equate to:
9
Additional years of work
95,424
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 12/31/2013
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 921 Fournie Lane
  • Location
    Collinsville , IL
  • 62234
  • Industry
    Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
  • Administrator
    David Keach
  • Net Plan Assets
    $7,960,000
  • Total Participants
    150
  • Avg Account Balance
    $57,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

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

Investment Menu Stats

# of Investment Options

12

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
PIMCO Total Return 16%
81%
Schwab S&P 500 Index 14%
15%
Harbor International 11%
78%
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
Newport Group Securities, Inc.
Recordkeeper
Newport Group Securities, Inc.
Auditor
Uhy LLP

Articles and Questions