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Company:
Sekisui Voltek, LLC
Plan:
Voltek Employee Savings Plan
 

Sekisui Voltek, LLC

63 Plan: Voltek Employee Savings Plan

 
 
63
22
55
78
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (63) and the top rated plan (78) could equate to:
[How is this calculated?]
7 additional years of work
Up to $86,800 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

Voltek Employee Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 63. This plan is in the top 15% of plans for Investment Menu Quality. Voltek Employee Savings Plan currently has over 200 active participants and over $13.3M in plan assets.

 

 Retirement Plan Details

Address 100 Shepard St
Lawrence, MA 01843-1024 
Industry Manufacturing
Administrator Laurel Burrill
Net Plan Assets $13,300,000
Total Participants 260
Avg Account Balance $50,000

 Compare Other Companies in Peer Group

Signet Armorlite 67.8
Transparent Container Co. 64.1
Daramic, LLC 61.2
Dayton Parts, LLC 60.3
Detroit Forming 59.0
Vernay Laboratories 38.7

 Top 3 Funds in this 401k

1. Principal Money Market 18%
2. Principal Large Cap S&P 500 Index 13%
3. Participant Loans 8%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Administration Principal Financial Group
Auditor Moody, Famiglietti & Andronico, LLP

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