Spire Corporation
65
Plan:
Spire Corporation 401k Profit Sharing Plan
32
67
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (65) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $107,200 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
Spire Corporation 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Account Balances, Company Generosity, and Salary Deferral. Spire Corporation 401k Profit Sharing Plan currently has over 200 active participants and over $8.5M in plan assets.
Retirement Plan Details
| Address |
One Patriots Park
Bedford, MA 01730 |
| Industry | Manufacturing |
| Administrator | Michael W. O'Dougherty |
| Net Plan Assets | $8,480,000 |
| Total Participants | 250 |
| Avg Account Balance | $34,000 |
Compare Other Companies in Peer Group
| Ashcroft | 72.3 |
| Autodie LLC | 69.9 |
| Park Industries | 64.1 |
| Gaston County Dyeing Machine Company | 62.9 |
| Merrill Tool & Machine | 60.0 |
| Wood-Mizer Products | 57.5 |
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