Formatop Company 401(k) Profit Sharing Plan

Wealthminder's Take

Formatop Company 401(k) Profit Sharing Plan at Formatop Company in the Manufacturing industry has an unknown number of investment options, and a total of $1,983,945.00 in assets. With 29 participants, the Formatop Company 401(k) Profit Sharing Plan has an average balance per participant of $68,411.90.

Plan Ratings
Compared to other Manufacturing plans
Wealthminder Rating
4
52
Your Plan
91

The Wealthminder rating is a quantitative scoring of 401k plans based on information submitted in regulatory filing documents. The rating was developed by Wealthminder and benchmarks a company's 401k plan against other plans in its industry peer group.

Wealthminder designed the rating to help employees to evaluate the relative quality of their employer's 401k plan, as well as for administrators to identify areas where they can make improvements.

Component Rating
Score
Total Plan Cost
83
Company Match Level
16
Employee Participation Rate
46
Employee Contribution Level
24
Average Balance Size
83
Formatop Company Details
Address
101 South Franklin Avenue
Sioux Falls, SD 57103
Telephone
605-332-3151
Total Assets
$1,983,945.00
Filing Year
2,016
Plan Type
Single Employer
Total Participants
29
Plan Investment Options
This information is not available for this plan
Service Providers
This information is not available for this plan
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