Scicom Data Services, Ltd.
79
Plan:
7
59
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (79) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $57,700 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
Scicom Data Services, Ltd. Employee Stock Ownership Plan & Trust is a defined contribution plan with a stock bonus component and leveraged ESOP component. 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 Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. Scicom Data Services, Ltd. Employee Stock Ownership Plan & Trust currently has over 100 active participants and over $25.8M in plan assets.
Retirement Plan Details
| Address |
10101 Bren Rd E
Minnetonka, MN 55343-9005 |
| Industry | Data Processing, Hosting, and Related Services |
| Administrator | Timothy L. Johnson |
| Net Plan Assets | $25,800,000 |
| Total Participants | 150 |
| Avg Account Balance | $130,000 |
Compare Other Companies in Peer Group
| Range Telephone Cooperative | 72.5 |
| Cbeyond | 68.2 |
| K-Fed Bancorp | 67.8 |
| The Farmers Bank | 64.0 |
| Community Television Foundation of... | 62.3 |
| Electronic Engineering Company | 61.9 |
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