Magellan Biosciences, Inc.
76
Plan:
Magellan Biosciences Employee Savings Plan & Trust
38
73
88
0
10
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30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (76) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $42,100 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
Magellan Biosciences Employee Savings Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 76. This plan is in the top 15% of plans for Salary Deferral. Magellan Biosciences Employee Savings Plan & Trust currently has over 300 active participants and over $18.6M in plan assets.
Retirement Plan Details
| Address |
22 Alpha Road
Chelmsford, MA 01824-4123 |
| Industry | All Other Professional, Scientific, and Technical Services |
| Administrator | Debra Manning Dutko |
| Net Plan Assets | $18,600,000 |
| Total Participants | 300 |
| Avg Account Balance | $62,000 |
Compare Other Companies in Peer Group
| Edison Welding Institute | 80.9 |
| Natural Resource Group, LLC | 80.1 |
| The Dennis Group, LLC | 76.5 |
| Diagnostica Stago | 74.7 |
| Pacific Press Technologies | 72.7 |
| WEBCO General Partnership | 69.6 |
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