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Company:
Optimation Technology, Inc.
Plan:
Optimation Technology, Inc. Retirement Plan
 

Optimation Technology, Inc.

73 Plan:

 
 
73
39
70
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (73) and the top rated plan (87) could equate to:
[How is this calculated?]
8 additional years of work
Up to $62,800 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

Optimation Technology, Inc. Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 15% of plans for Salary Deferral. Optimation Technology, Inc. Retirement Plan currently has over 300 active participants and over $10.7M in plan assets.

 

 Retirement Plan Details

Address 50 High Tech Dr
Rush, NY 14543-9746 
Industry Engineering Services
Administrator William K. Pollock
Net Plan Assets $10,700,000
Total Participants 320
Avg Account Balance $34,000

 Top 3 Funds in this 401k

1. Principal International SmallCap 9%
2. Principal Money Market 8%
3. Russell LifePoints Growth Strategy 6%

  Plan Service Providers

Administration Principal Financial Group
Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Sage, Rutty & Company, Inc.
Auditor Lougen,Valenti,Bookbinder,Weintraub

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