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Company:
Seagate U.S. LLC
Plan:
Seagate 401k Plan
 

Seagate U.S. LLC

81 Plan: Seagate 401k Plan

 
 
81
18
69
85
0
10
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30
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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?]
3 additional years of work
Up to $32,800 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

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, Investment Menu Quality, and Salary Deferral. Seagate 401k Plan currently has over 9,000 active participants and over $1.0B in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
29
Plan Average: 24
Top 3 Funds in this 401k
1. Fidelity Contrafund 21%
2. SSgA S&P 500 Flagship 14%
3. PIMCO Total Return 11%

 Retirement Plan Details

Address 10200 S De Anza Blvd
Cupertino, CA 95014 
Industry Manufacturing
Administrator John Cleveland
Net Plan Assets $1,040,000,000
Total Participants 9,000
Avg Account Balance $120,000

 Compare Other Companies in Peer Group

Alstom 83.5
Texas Instruments 80.3
Cooper US 78.4
Westinghouse Electric Company, LLC 78.0
ABB 74.4
Smiths Group Services 71.8

  Plan Service Providers

Consultant Callan Associates
Auditor Moss Adams

 Comments