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Company:
Altair Corporation
Plan:
Altair Corporation Employees' Profit Sharing Plan and Trust
 

Altair Corporation

66 Plan: Altair Corporation Employees' Profit Sharing Plan and Trust

 
 
66
24
66
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (66) and the top rated plan (88) could equate to:
[How is this calculated?]
13 additional years of work
Up to $58,900 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

Altair Corporation Employees' Profit Sharing Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 35% of plans for Investment Menu Quality, Salary Deferral, and Total Plan Cost. Altair Corporation Employees' Profit Sharing Plan and Trust currently has over 100 active participants and over $4.0M in plan assets.


 Investment Menu Statistics

No. of Investment Options
30
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Great-West Moderate Profile II 12%
2. Total Common Stocks 12%
3. Total US Treasury Bills and Notes 10%

 Retirement Plan Details

Address 350 Barclay Boulevard
Lincolnshire, IL 60069 
Industry Manufacturing
Administrator James Ramuta
Net Plan Assets $4,020,000
Total Participants 110
Avg Account Balance $41,000

 Compare Other Companies in Peer Group

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  Plan Service Providers

Insurance Carrier Great-West Life
Auditor Bansley & Kiener