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Company:
Summit Partners, LP
Plan:
Summit Partners, LP 401k Savings and Investment Plan and Trust
 

Summit Partners, LP

81 Plan:

 
 
81
40
76
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (81) and the top rated plan (89) could equate to:
[How is this calculated?]
6 additional years of work
Up to $89,200 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

Summit Partners, LP 401k Savings and Investment Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 81. This plan is in the top 15% of plans for Salary Deferral. Summit Partners, LP 401k Savings and Investment Plan and Trust currently has over 200 active participants and over $20.7M in plan assets.

 

 Retirement Plan Details

Address 222 Berkeley Street
18th Floor
Boston, MA 02116 
Industry Finance and Insurance
Administrator Brenda Franciose
Net Plan Assets $20,700,000
Total Participants 280
Avg Account Balance $75,000

 Top 3 Funds in this 401k

1. Franklin Templeton Founding Funds Allocation 20%
2. Thornburg International Value 8%
3. American Century Inflation-Adjusted Bond 7%

  Plan Service Providers

Recordkeeper Ascensus, Inc.
Auditor Kahn, Litwin, Renza & Co., Ltd.

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