Altair Engineering, Inc.
66
Plan:
Altair Engineering, Inc. Salary Reduction and Profit Sharing Plan
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70
88
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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?]
[How is this calculated?]
12 additional years of work Up to $105,600 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 Engineering, Inc. Salary Reduction and Profit Sharing Plan 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 15% of plans for Salary Deferral. Altair Engineering, Inc. Salary Reduction and Profit Sharing Plan currently has over 900 active participants and over $47.1M in plan assets.
Retirement Plan Details
| Address |
1820 East Big Beaver Road
Troy, MI 48083 |
| Industry | Software Publishers |
| Administrator | James Scapa |
| Net Plan Assets | $47,100,000 |
| Total Participants | 980 |
| Avg Account Balance | $48,000 |
Compare Other Companies in Peer Group
| OPNET Technologies | 80.2 |
| RealNetworks | 79.6 |
| Levi, Ray & Shoup | 79.4 |
| Take-Two Interactive Software | 75.2 |
| THQ | 66.8 |
| Alerus Financial | 59.0 |
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