Farouk Systems Inc.
52
Plan:
Farouk Systems Inc. 401k Plan
30
57
77
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (52) and the top rated plan (77) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $118,200 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
Farouk Systems Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 52. This plan is in the top 35% of plans for Investment Menu Quality. Farouk Systems Inc. 401k Plan currently has over 400 active participants and over $3.2M in plan assets.
Retirement Plan Details
| Address |
250 Pennbright Dr
Houston, TX 77090-5905 |
| Industry | Manufacturing |
| Administrator | Kamal Aziz |
| Net Plan Assets | $3,240,000 |
| Total Participants | 420 |
| Avg Account Balance | $7,700 |
Compare Other Companies in Peer Group
| Your Vitamins | 63.2 |
| Bal Seal Engineering | 62.3 |
| Mid-America Packaging, LLC | 52.0 |
| Tfi/Epi, LLC | 50.4 |
| Timber Blinds Manufacturing, Ltd. | 49.8 |
| R & S Erection | 40.2 |
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