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

Spectris, Inc.

79 Plan: The Spectris Group Safe Harbor 401k Retirement Plan

 
 
79
40
67
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 1 point difference between this plan's BrightScope Rating (79) and the top rated plan (80) could equate to:
[How is this calculated?]
1 additional year of work
Up to $14,200 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

The Spectris Group Safe Harbor 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Account Balances, Company Generosity, Investment Menu Quality, Participation Rate, Salary Deferral, and Total Plan Cost. The Spectris Group Safe Harbor 401k Retirement Plan currently has over 500 active participants and over $37.6M in plan assets.

 

 Retirement Plan Details

Address 732 Florsheim Dr Ste 15
Libertyville, IL 60048-3722 
Industry Manufacturing
Administrator David Goldstein
Sponsor Sarah Mather
Net Plan Assets $37,600,000
Total Participants 530
Avg Account Balance $71,000

 Compare Other Companies in Peer Group

Blue Tee 78.2
Panavision GP, Inc. as General... 73.8
MacArthur Company 69.6
Everbrite, LLC 68.2
ODL 68.1
David Clark Company 57.5

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 14%
2. MassMutual Select Blue Chip Growth 11%
3. MassMutual Select Fundamental Value 9%

  Plan Service Providers

Auditor McGladrey
Insurance Carrier MassMutual
Insurance Advisor/Broker Financial Telesis, Inc.

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