Veeco Instruments, Inc.
82
Plan:
Veeco Instruments Savings and Security Program Plan
32
68
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 1 point difference between this plan's BrightScope Rating (82) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
1 additional year 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
Veeco Instruments Savings and Security Program Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 82, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Salary Deferral and Total Plan Cost. Veeco Instruments Savings and Security Program Plan currently has over 1,100 active participants and over $68.2M in plan assets.
Retirement Plan Details
| Address |
1 Terminal Drive
Plainview, NY 11803 |
| Industry | Manufacturing |
| Administrator | Robert Bradshaw |
| Sponsor | David Glass |
| Net Plan Assets | $68,200,000 |
| Total Participants | 1,200 |
| Avg Account Balance | $58,000 |
Compare Other Companies in Peer Group
| Cascade | 79.0 |
| Krones | 77.4 |
| Curt G. Joa | 75.4 |
| Durr | 73.3 |
| Sun Hydraulics | 73.2 |
| Davis-Standard, LLC | 65.9 |
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