Olec Corporation
57
Plan:
Olec Group 401K/Profit Sharing Re Tirement Plan
27
59
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (57) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $142,400 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
Olec Group 401K/Profit Sharing Re Tirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. Olec Group 401K/Profit Sharing Re Tirement Plan currently has over 200 active participants and over $7.3M in plan assets.
Retirement Plan Details
| Address |
1850 E. St. Andrew Place
Santa Ana, CA 92705-5043 |
| Industry | Manufacturing |
| Net Plan Assets | $7,270,000 |
| Total Participants | 240 |
| Avg Account Balance | $24,000 |
Compare Other Companies in Peer Group
| Irvine Sensors | 80.6 |
| Panelmatic Inc & subsidiaries | 64.0 |
| Amplifier Research | 60.9 |
| Heatron | 58.3 |
| Allmand Bros. | 56.0 |
| Reuland Electric Company | 52.0 |
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