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Company:
X-Rite, Incorporated
Plan:
X-Rite, Incorporated Retirement Savings Plan
 

X-Rite, Incorporated

70 Plan: X-Rite, Incorporated Retirement Savings Plan

 
 
70
41
69
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (70) and the top rated plan (85) could equate to:
[How is this calculated?]
9 additional years of work
Up to $31,200 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

X-Rite, Incorporated Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 35% of plans for Account Balances and Salary Deferral. X-Rite, Incorporated Retirement Savings Plan currently has over 600 active participants and over $41.7M in plan assets.

 

 Retirement Plan Details

Address 4300 44th Street S.E.
Grand Rapids, MI 49512 
Industry Manufacturing
Administrator Barbara Groenink
Net Plan Assets $41,700,000
Total Participants 690
Avg Account Balance $61,000

 Compare Other Companies in Peer Group

Actel 80.1
American Science and Engineering 79.5
Sensata Technologies 78.5
Presstek 66.9
Magnetek 62.0
Intervoice 44.1

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Growth 17%
2. John Hancock Funds II Lifestyle Balanced 10%
3. John Hancock Lifecycle 2025 7%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Wells Fargo (Wachovia)
Recordkeeper John Hancock
Auditor Hungerford, Aldrin, Nichols & Carter, P.C.

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