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Company:
Altron, Inc.
Plan:
Altron 401k Retirement Plan
 

Altron, Inc.

58 Plan: Altron 401k Retirement Plan

 
 
58
25
61
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (58) and the top rated plan (82) could equate to:
[How is this calculated?]
12 additional years of work
Up to $125,800 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

Altron 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Account Balances, Investment Menu Quality, and Participation Rate. Altron 401k Retirement Plan currently has fewer than 100 active participants and over $5.3M in plan assets.


 Investment Menu Statistics

No. of Investment Options
18
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Minnesota Life Large Equity II 15%
2. Minnesota Life Long-Term Investment Grade Bond IA 14%
3. Minnesota Life Large Growth Equity III 13%

 Retirement Plan Details

Address Po Box 246
Anoka, MN 55303 
Industry Manufacturing
Administrator Dee Phillips
Net Plan Assets $5,340,000
Total Participants 97
Avg Account Balance $56,000

 Compare Other Companies in Peer Group

Schneider Electric USA 72.5
IQE 70.6
Computrol 61.9
Art's Electric 47.5
Hallmark Circuits 47.2
Frequency Electronics 32.5

  Plan Service Providers

Insurance Carrier Minnesota Life
Administration Minnesota Life
Recordkeeper Minnesota Life
Auditor Abdo, Eick & Meyers LLP