SimCom, Inc.
66
Plan:
SimCom Inc. 401k Retirement Plan
32
63
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (66) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $129,800 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
SimCom Inc. 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 35% of plans for Salary Deferral and Total Plan Cost. SimCom Inc. 401k Retirement Plan currently has over 200 active participants and over $6.1M in plan assets.
Retirement Plan Details
| Address |
6989 Lee Vista Boulevard
Orlando, FL 32822 |
| Industry | Educational Services |
| Administrator | John Crook |
| Net Plan Assets | $6,060,000 |
| Total Participants | 220 |
| Avg Account Balance | $28,000 |
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