Thoratec Corporation
73
Plan:
Thoratec Corporation 401k Plan
35
69
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (73) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $67,700 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
Thoratec Corporation 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 35% of plans for Company Generosity, Salary Deferral, and Total Plan Cost. Thoratec Corporation 401k Plan currently has over 1,300 active participants and over $52.3M in plan assets.
Retirement Plan Details
| Address |
6035 Stoneridge Drive
Pleasanton, CA 94588 |
| Industry | Manufacturing |
| Administrator | Glen Sunnergren |
| Net Plan Assets | $52,300,000 |
| Total Participants | 1,300 |
| Avg Account Balance | $39,000 |
Compare Other Companies in Peer Group
| Musculoskeletal Transplant Foundation | 75.5 |
| Midmark | 71.1 |
| Sunrise Medical | 70.5 |
| Hollister | 68.1 |
| Wright Medical Technology | 66.3 |
| Datascope | 61.1 |
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