Solix, Inc.
77
Plan:
Solix, Inc. Savings and Retirement Plan
33
71
88
0
10
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70
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100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (77) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $48,500 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
Solix, Inc. Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Participation Rate. Solix, Inc. Savings and Retirement Plan currently has over 400 active participants and over $35.8M in plan assets.
Retirement Plan Details
| Address |
Po Box 685
Parsippany, NJ 07054 |
| Industry | All Other Professional, Scientific, and Technical Services |
| Administrator | Patricia Carroll |
| Sponsor | Lucy Smith |
| Net Plan Assets | $35,800,000 |
| Total Participants | 420 |
| Avg Account Balance | $86,000 |
Compare Other Companies in Peer Group
| Amerinet | 82.4 |
| Enterprise Community Partners | 79.4 |
| Madden Communications | 68.7 |
| Riverside Research Institute | 65.0 |
| DuCharme, McMillen & Associates,... | 63.8 |
| Essex | 39.5 |
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