Seagate U.S. LLC
81
Plan:
Seagate 401k Plan
41
70
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (81) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
3 additional years of workThe 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
Seagate 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 81, 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. Seagate 401k Plan currently has over 9,300 active participants and over $1.1B in plan assets.
Retirement Plan Details
| Address |
10200 S De Anza Blvd
Cupertino, CA 95014 |
| Industry | Manufacturing |
| Administrator | John Cleveland |
| Net Plan Assets | $1,050,000,000 |
| Total Participants | 9,300 |
| Avg Account Balance | $110,000 |
Compare Other Companies in Peer Group
| Alstom | 81.9 |
| Texas Instruments | 78.4 |
| Cooper US | 77.8 |
| Westinghouse Electric Company, LLC | 77.0 |
| ABB | 75.1 |
| Northrop Grumman | 53.4 |
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