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Company:
Sonic Manufacturing Technologies, Inc.
Plan:
Sonic Manufacturing 401k Plan
 

Sonic Manufacturing Technologies, Inc.

37 Plan: Sonic Manufacturing 401k Plan

 
 
37
26
73
87
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 50 point difference between this plan's BrightScope Rating (37) and the top rated plan (87) could equate to:
[How is this calculated?]
22 additional years of work
Up to $354,600 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

Sonic Manufacturing 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 37. This plan is in the top 15% of plans for Investment Menu Quality. Sonic Manufacturing 401k Plan currently has over 200 active participants and over $1.2M in plan assets.

 

 Retirement Plan Details

Address 48133 Warm Spring Blvd.
Fremont, CA 94539 
Industry Manufacturing
Administrator Kiran Kaur
Net Plan Assets $1,180,000
Total Participants 280
Avg Account Balance $4,200

 Compare Other Companies in Peer Group

Foxconn Electronics 83.7
Actiontec Electronics 77.7
CABLExpress 71.6
Hypercom USA 70.2
Equus Computer Systems 67.2
Authoria 60.9

 Top 3 Funds in this 401k

1. John Hancock Funds II Lifestyle Balanced 16%
2. John Hancock Funds II Lifestyle Growth 13%
3. John Hancock Money Market 7%

  Plan Service Providers

Auditor Seiler LLP
Insurance Advisor/Broker NRP Financial
Insurance Carrier John Hancock

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