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Company:
The Siemon Company
Plan:
The Siemon Company 401k Profit Sharing Plan
 

The Siemon Company

71 Plan: The Siemon Company 401k Profit Sharing Plan

 
 
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88
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For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (71) and the top rated plan (88) could equate to:
[How is this calculated?]
10 additional years of work
Up to $99,200 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 Siemon Company 401k Profit Sharing 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 35% of plans for Account Balances and Company Generosity. The Siemon Company 401k Profit Sharing Plan currently has over 400 active participants and over $24.6M in plan assets.

 

 Retirement Plan Details

Address C/O Human Resources Department
Watertown, CT 06785 
Industry Manufacturing
Administrator Thomas Costello
Net Plan Assets $24,600,000
Total Participants 450
Avg Account Balance $56,000

 Compare Other Companies in Peer Group

Mindspeed Technologies 83.2
Silicon Image 80.6
Elma Electronic 74.1
Semtech 73.0
Photronics 64.2
YSI 63.7

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Growth 17%
2. John Hancock Funds II Lifestyle Balanced 14%
3. John Hancock Stable Value Fund 10%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker Tower Square Securities
Recordkeeper John Hancock
Auditor J.H. Cohn

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