Microchip Technology, Inc.
71
Plan:
Microchip Technology, Inc. Savings Plan
41
75
87
0
10
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70
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100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (71) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $92,800 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
Microchip Technology, Inc. Savings Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Investment Menu Quality. Microchip Technology, Inc. Savings Plan currently has over 2,600 active participants and over $134.9M in plan assets.
Retirement Plan Details
| Address |
2355 West Chandler Boulevard
Chandler, AZ 85224 |
| Industry | Manufacturing |
| Administrator | Eric Bjornholt |
| Net Plan Assets | $135,000,000 |
| Total Participants | 2,600 |
| Avg Account Balance | $51,000 |
Compare Other Companies in Peer Group
| International Rectifier | 75.6 |
| RF Micro Devices | 72.4 |
| Lutron Electronics Company | 70.2 |
| Atmel | 68.3 |
| CoorsTek | 67.3 |
| TTM Technologies | 59.6 |
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