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

Altec Industries, Inc.

71 Plan: Altec Industries, Inc. Retirement Savings Plan

 
 
71
42
72
87
0
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100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (71) and the top rated plan (87) could equate to:
[How is this calculated?]
9 additional years of work
Up to $114,700 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

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 Total Plan Cost. Altec Industries, Inc. Retirement Savings Plan currently has over 5,000 active participants and over $241.3M in plan assets.


 Investment Menu Statistics

No. of Investment Options
15
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Wells Fargo Stable Return Trust 13%
2. American Funds Fundamental Investors 10%
3. Vanguard Target Retirement 2040 9%

 Retirement Plan Details

Address 210 Inverness Center Drive
Birmingham, AL 35242 
Industry Manufacturing
Administrator Sheri Cook
Net Plan Assets $241,000,000
Total Participants 5,000
Avg Account Balance $52,000

  Plan Service Providers

Corporate Trustee Bank of America Merrill Lynch
Recordkeeper Bank of America Merrill Lynch
Auditor Dent, Baker & Company, LLP