Optek Technology, Inc.
74
Plan:
Optek Technology 401k Savings Plan
28
68
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (74) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $42,600 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
Optek Technology 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74. This plan is in the top 35% of plans for Account Balances, Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. Optek Technology 401k Savings Plan currently has over 100 active participants and over $9.3M in plan assets.
Retirement Plan Details
| Address |
1645 Wallace Dr Ste 130
Carrollton, TX 75006-6697 |
| Industry | Manufacturing |
| Administrator | Dan Bankus |
| Net Plan Assets | $9,320,000 |
| Total Participants | 120 |
| Avg Account Balance | $78,000 |
Compare Other Companies in Peer Group
| DiCon Fiberoptics | 71.4 |
| Item-Eyes | 65.6 |
| Tiffen Aquisition, LLC | 61.5 |
| Optical Disc Solutions | 55.4 |
| D-TechUSA, LLC | 46.1 |
| Resolution | 44.7 |
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