Sonic Innovations, Inc.
62
Plan:
Sonic Innovations, Inc. 401k Plan
32
66
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (62) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $183,400 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 Innovations, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Investment Menu Quality. Sonic Innovations, Inc. 401k Plan currently has over 400 active participants and over $8.2M in plan assets.
Retirement Plan Details
| Address |
4246 South Riverboat Road
Suite 300 Salt Lake City, UT 84123 |
| Industry | Manufacturing |
| Administrator | Brent H. Shimada |
| Net Plan Assets | $8,160,000 |
| Total Participants | 430 |
| Avg Account Balance | $19,000 |
Compare Other Companies in Peer Group
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| Mizuho Orthopedic Systems | 70.5 |
| Micrus Endovascular | 68.7 |
| Insulet | 68.5 |
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