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Company:
Tellabs, Inc.
Plan:
Tellabs 401k Plan
 

Tellabs, Inc.

85 Plan:

 
 
85
50
75
87
0
10
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30
40
50
60
70
80
90
100
For the average 401k participant, the 2 point difference between this plan's BrightScope Rating (85) and the top rated plan (87) could equate to:
[How is this calculated?]
1 additional year of work
Up to $39,600 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

Tellabs 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 85, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. Tellabs 401k Plan currently has over 3,700 active participants and over $466.1M in plan assets.

 

 Retirement Plan Details

Address 1415 W. Diehl Road
Naperville, IL 60563 
Industry Manufacturing
Administrator Manik Dewan
Net Plan Assets $466,000,000
Total Participants 3,800
Avg Account Balance $120,000

 Compare Other Companies in Peer Group

Nokia 85.2
Western Digital 79.7
JDS Uniphase 77.4
NEC Corporation of America 73.7
Alcatel-Lucent 72.8
Silicon Graphics International 72.3

 Top 3 Funds in this 401k

1. Fidelity Contrafund 19%
2. Gibraltar Guaranteed Fund 15%
3. American Funds EuroPacific Growth 12%

  Plan Service Providers

Insurance Carrier Prudential
Recordkeeper Prudential
Administration Vedder Price
Administration Prudential
Legal Counsel Vedder Price
Auditor Washington, Pittman & Mckeever LLC

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