Magnecomp Corporation
81
Plan:
Magnecomp Savings & Investment Plan
8
72
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (81) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $38,200 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
Magnecomp Savings & Investment Plan 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 Company Generosity and Salary Deferral. Magnecomp Savings & Investment Plan currently has fewer than 100 active participants and over $2.4M in plan assets.
Retirement Plan Details
| Address |
26201 Ynez Rd
Temecula, CA 92591-6048 |
| Industry | Manufacturing |
| Administrator | Diane H. Frank |
| Net Plan Assets | $2,420,000 |
| Total Participants | 75 |
| Avg Account Balance | $32,000 |
Compare Other Companies in Peer Group
| Jmar Technologies | 85.2 |
| SteelCloud | 70.7 |
| Technology Advancement Group | 69.5 |
| Intratek Computer | 63.3 |
| S & K Electronics | 59.8 |
| Newbold | 58.7 |
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