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Company:
SciQuest, Inc.
Plan:
SciQuest, Inc. Retirement Savings Plan
 

SciQuest, Inc.

75 Plan: SciQuest, Inc. Retirement Savings Plan

 
 
75
37
69
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (75) and the top rated plan (84) could equate to:
[How is this calculated?]
5 additional years of work
Up to $23,400 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

SciQuest, Inc. Retirement Savings Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 75. This plan is in the top 15% of plans for Salary Deferral. SciQuest, Inc. Retirement Savings Plan currently has over 200 active participants and over $6.8M in plan assets.

 

 Retirement Plan Details

Address 6501 Weston Parkway Suite 200
Cary, NC 27513 
Industry Software Publishers
Administrator Jennifer Kaelin
Net Plan Assets $6,810,000
Total Participants 210
Avg Account Balance $33,000

 Top 3 Funds in this 401k

1. Fidelity Advisor Freedom 2035 23%
2. Fidelity Advisor Freedom 2025 20%
3. Fidelity Advisor Freedom 2030 17%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Morgan Stanley Smith Barney
Auditor Romeo Wiggins and Co

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