Strattec Security Corporation
76
Plan:
Strattec Security Corporation Employee Savings and Investment Plan
32
64
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (76) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $37,600 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
Strattec Security Corporation Employee Savings and Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 76, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Total Plan Cost. Strattec Security Corporation Employee Savings and Investment Plan currently has over 500 active participants and over $35.9M in plan assets.
Retirement Plan Details
| Address |
3333 W Good Hope Rd
Milwaukee, WI 53209-2043 |
| Industry | Manufacturing |
| Administrator | Patrick Hansen |
| Net Plan Assets | $35,900,000 |
| Total Participants | 550 |
| Avg Account Balance | $66,000 |
Compare Other Companies in Peer Group
| W.C. Bradley Co. | 80.1 |
| FN Manufacturing, LLC | 75.8 |
| Laird Technologies | 72.2 |
| Ingersoll Cutting Tool Company | 70.5 |
| Weber-Stephen Products LLC | 67.3 |
| Hatco | 65.3 |
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