Spencer Technologies, Inc.
56
Plan:
Spencer Technologies, Inc. 401k Profit Sharing Plan
21
63
86
0
10
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30
40
50
60
70
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100
For the average 401k participant, the 30 point difference between this plan's BrightScope Rating (56) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $161,300 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
Spencer Technologies, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 15% of plans for Investment Menu Quality. Spencer Technologies, Inc. 401k Profit Sharing Plan currently has over 200 active participants and over $3.5M in plan assets.
Retirement Plan Details
| Address |
102 Otis Street
Northborough, MA 01532 |
| Industry | Construction |
| Administrator | Theresa A. Borgerson |
| Net Plan Assets | $3,450,000 |
| Total Participants | 300 |
| Avg Account Balance | $12,000 |
Compare Other Companies in Peer Group
| Bierlein Companies | 65.2 |
| Maine Drilling & Blasting | 64.6 |
| Chesapeake Sprinkler Company | 63.5 |
| Century Contractors | 55.1 |
| Diversified Metal Products | 45.9 |
| Acres Group | 40.7 |
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