Altera Corporation
85
Plan:
Altera Corporation Savings and Retirement Plan
41
75
87
0
10
20
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?]
[How is this calculated?]
2 additional years of work Up to $4,000 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
Altera Corporation Savings and Retirement 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, Salary Deferral, and Total Plan Cost. Altera Corporation Savings and Retirement Plan currently has over 1,700 active participants and over $194.4M in plan assets.
Retirement Plan Details
| Address |
101 Innovation Drive
San Jose, CA 95134 |
| Industry | Manufacturing |
| Administrator | Hugh Atkinson |
| Net Plan Assets | $194,000,000 |
| Total Participants | 1,700 |
| Avg Account Balance | $110,000 |
Compare Other Companies in Peer Group
| NXP Semiconductors USA | 85.3 |
| Avago Technologies | 82.6 |
| Novellus Systems | 78.8 |
| Integrated Device Technology | 78.2 |
| Skyworks Solutions | 77.1 |
| International Rectifier | 75.6 |
Comments