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

X-Rite, Incorporated

74 Plan: X-Rite, Incorporated Retirement Savings Plan

 
 
74
18
64
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (74) and the top rated plan (90) could equate to:
[How is this calculated?]
11 additional years of work
Up to $108,000 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 74. This plan is in the top 15% of plans for Participation Rate. X-Rite, Incorporated Retirement Savings Plan currently has over 600 active participants and over $41.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
37
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. John Hancock Funds II Lifestyle Growth 16%
2. John Hancock Funds II Lifestyle Balanced 11%
3. John Hancock Funds II Retirement Choices at 2025 7%

 
Plan Component Ratings

 Retirement Plan Details

Address 4300 44th Street S.E.
Grand Rapids, MI 49512 
Industry Manufacturing
Administrator Barbara Groenink
Net Plan Assets $41,300,000
Total Participants 650
Avg Account Balance $64,000

 Compare Other Companies in Peer Group

Sensata Technologies 78.8
Presstek 69.6
G. W. Lisk Company 68.9
SL Industries 67.2
American Technical Ceramics 64.3
Tyden Group 59.5

  Plan Service Providers

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

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