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Company:
Summit Systems, Inc.
Plan:
Summit Systems, Inc. Employees' 401k Capital Accumulation Plan
 

Summit Systems, Inc.

86 Plan: Summit Systems, Inc. Employees' 401k Capital Accumulation Plan

 
 
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For the average 401k participant, the 1 point difference between this plan's BrightScope Rating (86) and the top rated plan (87) could equate to:
[How is this calculated?]
Up to $52,700 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

Summit Systems, Inc. Employees' 401k Capital Accumulation Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 86, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, and Salary Deferral. Summit Systems, Inc. Employees' 401k Capital Accumulation Plan currently has over 200 active participants and over $29.4M in plan assets.

 

 Retirement Plan Details

Address 1180 Avenue Of The Americas
New York, NY 10036 
Industry Custom Computer Programming Services
Administrator Joanne Felix
Net Plan Assets $29,400,000
Total Participants 270
Avg Account Balance $110,000

 Compare Other Companies in Peer Group

The Parthenon Group, LLC 86.7
Solers 86.5
IFS North America 79.7
Amicas 78.9
Command Alkon 72.2
SirsiDynix 68.2

 Top 3 Funds in this 401k

1. Columbia Large Cap Index 12%
2. Thornburg International Value 12%
3. Charles Schwab Stable Value Fund 10%

  Plan Service Providers

Investment Adviser CAPTRUST Financial Advisors
Auditor McGladrey

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