Timex Group USA, Inc.
73
Plan:
10
67
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (73) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $12,700 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
Timex Group USA Savings Plan for Salaried Employees is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 15% of plans for Salary Deferral and Total Plan Cost. Timex Group USA Savings Plan for Salaried Employees currently has over 600 active participants and over $43.8M in plan assets.
Retirement Plan Details
| Address |
555 Christian Road
Middlebury, CT 06762 |
| Industry | Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers |
| Administrator | Sandra Boyer |
| Net Plan Assets | $43,800,000 |
| Total Participants | 690 |
| Avg Account Balance | $64,000 |
Compare Other Companies in Peer Group
| SEIKO Corporation of America | 74.5 |
| Citizen Watch Company of America | 74.3 |
| Safilo USA | 69.2 |
| Movado Group | 64.0 |
| Richline Group | 61.0 |
| Eagle | 53.3 |
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