Imation Corp.
81
Plan:
Imation Retirement Investment Plan
41
75
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (81) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $40,900 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
Imation Retirement Investment Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 81. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Imation Retirement Investment Plan currently has over 1,500 active participants and over $176.5M in plan assets.
Retirement Plan Details
| Address |
One Imation Way
Oakdale, MN 55128-3414 |
| Industry | Manufacturing |
| Administrator | Curt P. Cardinal |
| Sponsor | Scott Robinson |
| Net Plan Assets | $177,000,000 |
| Total Participants | 1,500 |
| Avg Account Balance | $120,000 |
Compare Other Companies in Peer Group
| Newport | 78.4 |
| FLIR Systems | 78.0 |
| Magtek | 71.8 |
| MICROS Systems | 69.3 |
| BancTec | 56.3 |
| Cinram U.S. Holdings | 49.5 |
Comments