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Company:
Summit Engineering Corporation
Plan:
Summit Engineering Corporation 401k Plan
 

Summit Engineering Corporation

53 Plan: Summit Engineering Corporation 401k Plan

 
 
53
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68
87
0
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For the average 401k participant, the 34 point difference between this plan's BrightScope Rating (53) and the top rated plan (87) could equate to:
[How is this calculated?]
17 additional years of work
Up to $161,400 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

Summit Engineering Corporation 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 53. This plan is in the top 15% of plans for Investment Menu Quality. Summit Engineering Corporation 401k Plan currently has fewer than 100 active participants and over $4.5M in plan assets.

 

 Retirement Plan Details

Address 5405 Mae Anne Avenue
Reno, NV 89523 
Industry Engineering Services
Administrator Thomas H. Gallagher
Net Plan Assets $4,490,000
Total Participants 82
Avg Account Balance $55,000

 Top 3 Funds in this 401k

1. John Hancock Trust Total Bond Market Trust A 27%
2. American Funds Growth Fund of America 10%
3. Participant Loans 7%

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Carrier Great-West Life
Insurance Advisor/Broker M Financial Group
Administration Pension Specialists, Inc.
Recordkeeper John Hancock
Auditor The Cfo Group, Inc.

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