Sumitomo Electric Finance USA, Inc.
66
Plan:
Sumitomo Electric Group 401k Plan
45
67
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (66) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $82,800 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
Sumitomo Electric Group 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 35% of plans for Account Balances, Investment Menu Quality, and Total Plan Cost. Sumitomo Electric Group 401k Plan currently has over 2,300 active participants and over $112.1M in plan assets.
Retirement Plan Details
| Address |
360 Lexington Avenue, 24th Floor
New York, NY 10017-6502 |
| Industry | Wholesale Trade |
| Administrator | Keisuke Yoshitsugu |
| Net Plan Assets | $112,000,000 |
| Total Participants | 2,300 |
| Avg Account Balance | $49,000 |
Compare Other Companies in Peer Group
| World Wide Technology | 76.1 |
| Agilysys | 70.5 |
| Toshiba International | 70.0 |
| Digi-Key | 61.4 |
| TTI | 60.4 |
| Crescent Electric Supply Company | 59.3 |
Comments