Fosta-Tek Optics, Inc.
55
Plan:
Fosta-Tek Optics, Inc. 401k Plan
40
69
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (55) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $204,800 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
Fosta-Tek Optics, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 15% of plans for Investment Menu Quality. Fosta-Tek Optics, Inc. 401k Plan currently has over 100 active participants and over $3.2M in plan assets.
Retirement Plan Details
| Address |
320 Hamilton Street
Leominster, MA 01453 |
| Industry | Manufacturing |
| Administrator | John Morrison, Jr. |
| Net Plan Assets | $3,180,000 |
| Total Participants | 150 |
| Avg Account Balance | $22,000 |
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