FARO Technologies, Inc.
68
Plan:
FARO Technologies 401k Plan
40
68
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (68) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $113,400 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
FARO Technologies 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68. This plan is in the top 35% of plans for Salary Deferral. FARO Technologies 401k Plan currently has over 300 active participants and over $15.4M in plan assets.
Retirement Plan Details
| Address |
250 Technology Park
Lake Mary, FL 32746 |
| Industry | Manufacturing |
| Administrator | Keith Bair |
| Net Plan Assets | $15,400,000 |
| Total Participants | 390 |
| Avg Account Balance | $40,000 |
Compare Other Companies in Peer Group
| Uponor North America | 71.6 |
| Mahr Federal | 66.3 |
| Allied Motion Technologies | 62.0 |
| Plaid Enterprises | 61.1 |
| Conso International | 57.9 |
| Oregon Freeze Dry | 57.0 |
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