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Company:
Spectris, Inc.
Plan:
The Spectris Group 401k Retirement Plan
 

Spectris, Inc.

73 Plan:

 
 
73
10
70
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (73) and the top rated plan (86) could equate to:
[How is this calculated?]
8 additional years of work
Up to $97,300 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

The Spectris Group 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 35% of plans for Account Balances, Company Generosity, Investment Menu Quality, Salary Deferral, and Total Plan Cost. The Spectris Group 401k Retirement Plan currently has over 900 active participants and over $58.9M in plan assets.

 

 Retirement Plan Details

Address 732 Florsheim Drive
Suite 11
Libertyville, IL 60048-3722 
Industry Manufacturing
Administrator Sarah Mather
Net Plan Assets $58,900,000
Total Participants 990
Avg Account Balance $59,000

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 16%
2. MassMutual Select Destination Retirement 2020 10%
3. MassMutual Large Cap Growth 9%

  Plan Service Providers

Insurance Carrier MassMutual
Auditor McGladrey

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