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Company:
Wave Systems Corp.
Plan:
Wave Systems Corp. 401k Savings and Investment Plan
 

Wave Systems Corp.

72 Plan: Wave Systems Corp. 401k Savings and Investment Plan

 
 
72
45
70
85
0
10
20
30
40
50
60
70
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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?]
7 additional years of work
Up to $60,300 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

Wave Systems Corp. 401k Savings and Investment 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 15% of plans for Salary Deferral. Wave Systems Corp. 401k Savings and Investment Plan currently has over 100 active participants and over $6.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
21
Plan Average: 24
Top 3 Funds in this 401k
1. SSgA S&P 500 Index 16%
2. SSgA Active US Large Cap Blend 9%
3. Janus Forty 8%

 Retirement Plan Details

Address 480 Pleasant St.
Lee, MA 01238 
Industry Other Computer Related Services
Administrator Richard M Donovan
Net Plan Assets $6,310,000
Total Participants 170
Avg Account Balance $61,000

  Plan Service Providers

Corporate Trustee ADP
Recordkeeper ADP
Auditor Downey & Company, LLP

 Comments