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Company:
Technic, Inc.
Plan:
Technic, Inc. 401k Plan
 

Technic, Inc.

71 Plan: Technic, Inc. 401k Plan

 
 
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87
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For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (71) and the top rated plan (87) could equate to:
[How is this calculated?]
10 additional years of work
Up to $120,900 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

Technic, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. Technic, Inc. 401k Plan currently has over 300 active participants and over $24.9M in plan assets.

 

 Retirement Plan Details

Address One Spectacle Street
Cranston, RI 02910 
Industry Manufacturing
Administrator Scott Carlisle
Sponsor David Weisberg
Net Plan Assets $24,900,000
Total Participants 320
Avg Account Balance $79,000

 Top 3 Funds in this 401k

1. Vanguard 500 Index 22%
2. Vanguard Retirement Savings Trust 15%
3. Vanguard Wellington 13%

  Plan Service Providers

Recordkeeper Vanguard Group
Auditor Sullivan and Company CPAs LLP

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