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Company:
Methode Electronics, Inc.
Plan:
Methode Electronics, Inc. 401k Savings Plan
 

Methode Electronics, Inc.

67 Plan: Methode Electronics, Inc. 401k Savings Plan

 
 
67
18
64
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (67) and the top rated plan (90) could equate to:
[How is this calculated?]
14 additional years of work
Up to $167,500 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

Methode Electronics, Inc. 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Total Plan Cost. Methode Electronics, Inc. 401k Savings Plan currently has over 1,400 active participants and over $40.4M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
16
Plan Average: 24
Top 3 Funds in this 401k
1. American Funds American Balanced 21%
2. Lincoln Financial Stable Value 16%
3. American Funds Growth Fund of America 11%

 Retirement Plan Details

Address 7401 West Wilson Avenue
Chicago, IL 60706 
Industry Manufacturing
Administrator Robert D. Foszcz
Sponsor Methode Electronics, Inc
Net Plan Assets $40,400,000
Total Participants 1,500
Avg Account Balance $29,000

 Compare Other Companies in Peer Group

Sensata Technologies 78.8
Landis+Gyr 76.9
Presstek 69.6
G. W. Lisk Company 68.9
SL Industries 67.2
American Technical Ceramics 64.3

  Plan Service Providers

Insurance Carrier Lincoln Financial
Insurance Carrier Hartford
Insurance Advisor/Broker UBS Financial Services, Inc.
Administration Lincoln Financial
Auditor Frank L. Sassetti & Co.

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