Avaya, Inc.
81
Plan:
10
72
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (81) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $40,300 in lost retirement 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.
Retirement Plan Description
Avaya, Inc. Savings Plan for Salaried Employees is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 81, 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, Salary Deferral, and Total Plan Cost. Avaya, Inc. Savings Plan for Salaried Employees currently has over 11,100 active participants and over $1.3B in plan assets.
Retirement Plan Details
| Address |
Brian Davenport
211 Mount Airy Road, Room 3e029 Basking Ridge, NJ 07920 |
| Industry | Information |
| Administrator | Brian Davenport |
| Net Plan Assets | $1,300,000,000 |
| Total Participants | 11,000 |
| Avg Account Balance | $120,000 |
Compare Other Companies in Peer Group
| Telcordia Technologies | 83.2 |
| Ericsson | 83.2 |
| Qualcomm | 82.2 |
| Verizon Communications | 73.4 |
| Embarq | 66.7 |
| AT&T | 62.3 |
Comments