SUMMA Technology, Inc.
62
Plan:
SUMMA Technology, Inc. 401k Profit Sharing Plan
37
69
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (62) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $124,600 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
SUMMA Technology, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 35% of plans for Total Plan Cost. SUMMA Technology, Inc. 401k Profit Sharing Plan currently has over 600 active participants and over $10.3M in plan assets.
Retirement Plan Details
| Address |
140 Sparkman Dr Nw
Huntsville, AL 35805-1916 |
| Industry | Engineering Services |
| Administrator | Lindsey M. Atchison |
| Sponsor | Stephen Werner |
| Net Plan Assets | $10,300,000 |
| Total Participants | 620 |
| Avg Account Balance | $17,000 |
Compare Other Companies in Peer Group
| Palmetto Management & Engineering,... | 75.6 |
| QORE | 62.1 |
| McKim & Creed, P.A. | 60.4 |
| The Schneider | 59.1 |
| Halff Associates | 53.6 |
| Froehling & Robertson | 53.6 |
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