Frequency Electronics, Inc.
71
Plan:
10
71
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (71) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $61,000 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
Frequency Electronics, Inc. 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 35% of plans for Account Balances, Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. Frequency Electronics, Inc. 401k Savings Plan currently has over 200 active participants and over $16.1M in plan assets.
Retirement Plan Details
| Address |
55 Charles Lindbergh Blvd
Mitchel Field, NY 11553 |
| Industry | Manufacturing |
| Administrator | Carol Baktis |
| Net Plan Assets | $16,100,000 |
| Total Participants | 260 |
| Avg Account Balance | $61,000 |
Compare Other Companies in Peer Group
| Actel | 80.1 |
| RGB Systems, Inc. d/b/a Extron... | 73.6 |
| Cubic | 71.9 |
| Econolite Group | 66.7 |
| Makita USA | 62.6 |
| Rockwell Automation | 56.6 |
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