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Company:
Altec Industries, Inc.
Plan:
Altec Industries, Inc. Retirement Savings Plan
 

Altec Industries, Inc.

71 Plan:

 
 
71
10
67
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (71) and the top rated plan (85) could equate to:
[How is this calculated?]
8 additional years of work
Up to $73,400 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

Altec Industries, Inc. Retirement Savings 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 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Altec Industries, Inc. Retirement Savings Plan currently has over 4,400 active participants and over $151.7M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
27
Plan Average: 24
Top 3 Funds in this 401k
1. Wells Fargo Stable Return Trust 18%
2. American Funds Investment Company of America 9%
3. Columbia Small Cap Value I 8%

 
Plan Component Ratings

 Retirement Plan Details

Address 210 Inverness Center Drive
Birmingham, AL 35242 
Industry Manufacturing
Administrator Harry Dinken
Net Plan Assets $152,000,000
Total Participants 4,500
Avg Account Balance $110,000

  Plan Service Providers

Corporate Trustee Bank of America Merrill Lynch
Recordkeeper Bank of America Merrill Lynch
Consultant Aon Hewitt EnnisKnupp
Auditor Dent, Baker & Company, LLP

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