Overview

Plan Rating

BrightScope Rating
85
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (17)
Average in Peer Group (72)
Highest in Peer Group (88)

Plan Description

Globe Engineering Company, Inc. Employee Stock Ownership Plan and Trust is a defined contribution plan with a profit-sharing component, stock bonus component, and ESOP component. This plan has a BrightScope Rating of 85, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. Globe Engineering Company, Inc. Employee Stock Ownership Plan and Trust currently has over 200 active participants and over $116.2M in plan assets.

Did you know?

For the average 401k participant, the 3 point difference between this plan's BrightScope Rating (85) and the top rated plan (88) could equate to:
2
Additional years of work
68,553
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 10/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address P O Box 12407
  • Location
    Wichita , KS
  • 67277
  • Industry
    Manufacturing
  • Administrator
    Jeff D. Teague
  • Net Plan Assets
    $116,000,000
  • Total Participants
    230
  • Avg Account Balance
    $500,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Peer Group Plans

Company Rating
Lisle 75.3
S.J. Electro Systems 71.6
Deere & Company 68.5
Kurt Manufacturing Company 63.2
Keysight Technologies 40.4
HP 37.0

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

8

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Globe Engineering Co., Inc. Common Stock 56%
N/A
Total Common Stocks 30%
N/A
Total Other Mutual Funds 8%
N/A
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
Thomas H Sewell CPA LLC

Articles and Questions

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Why Do Investment Expenses Matter?
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