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Company:
Automation Precision Technology, Inc.
Plan:
Automation Precision Technology, LLC 401k Plan
 

Automation Precision Technology, Inc.

40 Plan: Automation Precision Technology, LLC 401k Plan

 
 
40
27
56
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 43 point difference between this plan's BrightScope Rating (40) and the top rated plan (83) could equate to:
[How is this calculated?]
20 additional years of work
Up to $268,200 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

Automation Precision Technology, LLC 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 40. This plan is in the top 15% of plans for Company Generosity. Automation Precision Technology, LLC 401k Plan currently has over 300 active participants and over $2.2M in plan assets.

 

 Retirement Plan Details

Address 4535 E Princess Anne Rd
Norfolk, VA 23502-1613 
Industry Administrative and Support and Waste Management and Remediation Services
Administrator Anthony Reid
Net Plan Assets $2,230,000
Total Participants 340
Avg Account Balance $6,500

 Top 3 Funds in this 401k

1. Principal Stable Value Fund 77%
2. Principal Large Cap Growth 4%
3. Principal Bond & Mortgage Securities 3%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker AXA Equitable
Auditor Dixon Hughes, LLC

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