SRCTec, Inc.
79
Plan:
SRCTec, Inc. 401k Retirement Plan
11
72
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (79) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $51,900 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
SRCTec, Inc. 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. 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 Company Generosity, Participation Rate, and Total Plan Cost. SRCTec, Inc. 401k Retirement Plan currently has over 200 active participants and over $7.0M in plan assets.
Retirement Plan Details
| Address |
5801 East Taft Rd., Suite 7
North Syracuse, NY 13212-2510 |
| Industry | Manufacturing |
| Administrator | Philip Fazio |
| Net Plan Assets | $6,970,000 |
| Total Participants | 230 |
| Avg Account Balance | $30,000 |
Compare Other Companies in Peer Group
| Mocon | 74.2 |
| General Monitors | 71.2 |
| Airmar Technology | 66.5 |
| Brookfield Engineering Laboratories | 66.5 |
| Precision Medical | 56.6 |
| E-I-M Company | 10.8 |
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