Standard Microsystems Corporation
82
Plan:
SMSC 401k Savings Plan
41
74
87
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For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (82) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
3 additional years of work Up to $50,300 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
SMSC 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 82, 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, Company Generosity, and Salary Deferral. SMSC 401k Savings Plan currently has over 700 active participants and over $74.8M in plan assets.
Retirement Plan Details
| Address |
80 Arkay Drive
Hauppauge, NY 11788 |
| Industry | Manufacturing |
| Administrator | Michael Labosco |
| Net Plan Assets | $74,800,000 |
| Total Participants | 770 |
| Avg Account Balance | $97,000 |
Compare Other Companies in Peer Group
| Jazz Semiconductor | 78.9 |
| Logitech | 77.4 |
| KEMET Electronics | 77.0 |
| Polar Semiconductor | 72.8 |
| Banner Engineering | 72.5 |
| Axcelis Technologies | 68.8 |
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