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Company:
Sopheon Corporation
Plan:
Sopheon 401k Profit Sharing Plan
 

Sopheon Corporation

78 Plan: Sopheon 401k Profit Sharing Plan

 
 
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87
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For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (78) and the top rated plan (87) could equate to:
[How is this calculated?]
6 additional years of work
Up to $29,500 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

Sopheon 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 78. This plan is in the top 15% of plans for Salary Deferral. Sopheon 401k Profit Sharing Plan currently has over 100 active participants and over $6.7M in plan assets.

 

 Retirement Plan Details

Address 3001 Metro Drive Suite 460
Bloomington, MN 55425 
Industry Information
Administrator Thomas E. Dowzak
Net Plan Assets $6,690,000
Total Participants 140
Avg Account Balance $48,000

 Top 3 Funds in this 401k

1. Minnesota Life Large Equity II 16%
2. Minnesota Life Large Growth Equity III 16%
3. Minnesota Life Large Value Equity X 13%

  Plan Service Providers

Insurance Carrier Minnesota Life
Insurance Advisor/Broker Joseph Best
Administration Minnesota Life
Recordkeeper Minnesota Life
Auditor Carver Moquist & O'Connor, LLC

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