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Company:
Novellus Systems, Inc.
Plan:
Novellus Systems, Inc. Retirement Plan
 

Novellus Systems, Inc.

79 Plan: Novellus Systems, Inc. Retirement Plan

 
 
79
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87
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For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (79) and the top rated plan (87) could equate to:
[How is this calculated?]
5 additional years of work
Up to $78,500 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

Novellus Systems, Inc. Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Novellus Systems, Inc. Retirement Plan currently has over 2,400 active participants and over $201.0M in plan assets.

 

 Retirement Plan Details

Address 4000 N 1st St
San Jose, CA 95134-1568 
Industry Manufacturing
Administrator Kent Nagel
Net Plan Assets $201,000,000
Total Participants 2,500
Avg Account Balance $82,000

 Top 3 Funds in this 401k

1. Vanguard Retirement Savings Trust 11%
2. American Funds Growth Fund of America 11%
3. Novellus Company Stock Fund 9%

  Plan Service Providers

Investment Adviser Vanguard Group
Recordkeeper Vanguard Group
Auditor Mohler Nixon Williams

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