Trumpf, Inc.
73
Plan:
Trumpf, Inc. Employee Retirement Savings Plan
24
64
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (73) and the top rated plan (81) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $90 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
Trumpf, Inc. Employee Retirement Savings Plan 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 Account Balances and Total Plan Cost. Trumpf, Inc. Employee Retirement Savings Plan currently has over 800 active participants and over $64.3M in plan assets.
Retirement Plan Details
| Address |
111 Hyde Rd
Farmington, CT 06032-2834 |
| Industry | Manufacturing |
| Administrator | S. Douglas Demen |
| Sponsor | S. Douglas Demen, VP Finance |
| Net Plan Assets | $64,300,000 |
| Total Participants | 850 |
| Avg Account Balance | $76,000 |
Compare Other Companies in Peer Group
| Hexagon Metrology | 76.9 |
| Greenleaf Services | 72.7 |
| Hypertherm | 71.4 |
| National Machinery LLC | 69.1 |
| Burr Oak Tool | 68.7 |
| Hardinge | 60.2 |
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