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Company:
Sennheiser Electronic Corporation
Plan:
Sennheiser Electronic Corporation 401k Plan
 

Sennheiser Electronic Corporation

79 Plan: Sennheiser Electronic Corporation 401k Plan

 
 
79
36
67
85
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 (79) and the top rated plan (85) could equate to:
[How is this calculated?]
3 additional years of work
Up to $95,500 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

Sennheiser Electronic Corporation 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Participation Rate, and Salary Deferral. Sennheiser Electronic Corporation 401k Plan currently has over 100 active participants and over $12.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
47
Plan Average: 24
Top 3 Funds in this 401k
1. Delaware Foundation Conservative Allocation 19%
2. Delaware Foundation Moderate Allocation 11%
3. Lincoln Financial Aggressive Balanced (SA32) 7%

 Retirement Plan Details

Address One Enterprise Drive
Old Lyme, CT 06371 
Industry Other Miscellaneous Durable Goods Merchant Wholesalers
Administrator Loic Delaforcade
Net Plan Assets $12,300,000
Total Participants 170
Avg Account Balance $74,000

 Compare Other Companies in Peer Group

M. Holland Company 81.9
Momentum Textiles 77.5
Brewster Wallpaper 70.6
Infolab 64.9
Techni-Tool 62.7
Stauffer Manufacturing Company 60.2

  Plan Service Providers

Insurance Carrier Lincoln Financial
Insurance Advisor/Broker Park Avenue Securities
Recordkeeper Penserv, Inc.
Auditor Blum Shapiro & Company

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