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Company:
Heraeus Quartz America, LLC
Plan:
Heraeus 401k Plan
 

Heraeus Quartz America, LLC

72 Plan: Heraeus 401k Plan

 
 
72
33
65
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (72) and the top rated plan (85) could equate to:
[How is this calculated?]
8 additional years of work
Up to $88,200 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

Heraeus 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72. This plan is in the top 35% of plans for Account Balances, Company Generosity, and Participation Rate. Heraeus 401k Plan currently has over 100 active participants and over $11.2M in plan assets.

 

 Retirement Plan Details

Address 15600 Bratton Ln
Austin, TX 78728-3807 
Industry Manufacturing
Administrator Arno Pitzen
Sponsor Margaret Ballinger
Net Plan Assets $11,200,000
Total Participants 200
Avg Account Balance $57,000

 Top 3 Funds in this 401k

1. Wachovia Stable Investment Fund 14%
2. Fidelity Puritan 14%
3. Fidelity Contrafund 14%

  Plan Service Providers

Auditor Bull & Associates
Corporate Trustee Wells Fargo (Wachovia)

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