Iec Electronics Corporation
59
Plan:
Iec Electronics Savings & Security Plan
23
63
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (59) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $188,900 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
Iec Electronics Savings & Security Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Account Balances and Total Plan Cost. Iec Electronics Savings & Security Plan currently has over 200 active participants and over $9.1M in plan assets.
Retirement Plan Details
| Address |
105 Norton St
Newark, NY 14513-1218 |
| Industry | Manufacturing |
| Administrator | Tina Devey |
| Net Plan Assets | $9,070,000 |
| Total Participants | 220 |
| Avg Account Balance | $41,000 |
Compare Other Companies in Peer Group
| Tlt Babcock | 85.4 |
| Belkin International | 75.8 |
| Moog | 72.3 |
| Kasa Companies | 67.8 |
| Carlson Tool & Manufacturing | 65.7 |
| Battenfeld Gloucester Engineering... | 62.5 |
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