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Company:
SIMCO Electronics
Plan:
SIMCO Profit Sharing 401k Plan
 

SIMCO Electronics

64 Plan:

 
 
64
32
57
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (64) and the top rated plan (82) could equate to:
[How is this calculated?]
8 additional years of work
Up to $174,800 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

SIMCO Profit Sharing 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Investment Menu Quality, Salary Deferral, and Total Plan Cost. SIMCO Profit Sharing 401k Plan currently has over 300 active participants and over $10.1M in plan assets.

 

 Retirement Plan Details

Address 1178 Bordeaux Drive
Sunnyvale, CA 94089 
Industry Other Services (except Public Administration)
Administrator Ted Buckman
Net Plan Assets $10,100,000
Total Participants 380
Avg Account Balance $27,000

 Top 3 Funds in this 401k

1. SSgA US Government Money Market 25%
2. T. Rowe Price Mid-Cap Value 13%
3. Davis New York Venture 7%

  Plan Service Providers

Auditor Perisho Tombor Ramirez Filler
Recordkeeper ADP

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