SEMI
86
Plan:
SEMI Retirement Plan
30
73
92
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (86) and the top rated plan (92) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $52,200 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
SEMI Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 86, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. SEMI Retirement Plan currently has over 100 active participants and over $18.3M in plan assets.
Retirement Plan Details
| Address |
3081 Zanker Road
San Jose, CA 95134 |
| Industry | Other Services (except Public Administration) |
| Administrator | Richard Salsman |
| Net Plan Assets | $18,300,000 |
| Total Participants | 130 |
| Avg Account Balance | $140,000 |
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