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Company:
Varo Engineers, Inc.
Plan:
Varo Engineers, Inc. 401k Salary Reduction Plan
 

Varo Engineers, Inc.

68 Plan: Varo Engineers, Inc. 401k Salary Reduction Plan

 
 
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For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (68) and the top rated plan (83) could equate to:
[How is this calculated?]
8 additional years of work
Up to $109,100 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

Varo Engineers, Inc. 401k Salary Reduction Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 35% of plans for Investment Menu Quality and Salary Deferral. Varo Engineers, Inc. 401k Salary Reduction Plan currently has over 100 active participants and over $4.1M in plan assets.

 

 Retirement Plan Details

Address 2751 Tuller Pkwy Ste 100
Dublin, OH 43017-2317 
Industry Engineering Services
Administrator Shawn Lambacher
Sponsor Varo Engineers, Inc.
Net Plan Assets $4,120,000
Total Participants 130
Avg Account Balance $34,000

 Compare Other Companies in Peer Group

Applied Engineering 74.4
The Engineering Group 73.1
Performance Payroll 69.5
Futron 67.9
M.E. Companies 62.5
Hurst-Rosche Engineers 55.6

 Top 3 Funds in this 401k

1. MetLife Stable Value Fund 14%
2. American Funds Growth Fund of America 12%
3. American Funds Capital World Growth and Income 9%

  Plan Service Providers

Corporate Trustee Reliance Trust Company
Investment Adviser Everhart Financial Group, Inc.
Administration DailyAccess Corporation
Recordkeeper DailyAccess Corporation
Auditor Brell, Holt & Co.

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