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Company:
Converteam, Inc.
Plan:
Converteam Savings and Retirement Plan
 

Converteam, Inc.

81 Plan: Converteam Savings and Retirement Plan

 
 
81
36
74
90
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 (81) and the top rated plan (90) could equate to:
[How is this calculated?]
6 additional years of work
Up to $83,600 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

Converteam Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 81, 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, Investment Menu Quality, and Salary Deferral. Converteam Savings and Retirement Plan currently has over 300 active participants and over $24.0M in plan assets.

 

 Retirement Plan Details

Address 610 Epsilon Dr
Pittsburgh, PA 15238-2808 
Industry Engineering Services
Administrator Joan Hutfles
Net Plan Assets $24,000,000
Total Participants 340
Avg Account Balance $71,000

 Compare Other Companies in Peer Group

TMGE Automation Systems, LLC 81.9
Sentel 78.0
Madsen Kneppers & Associates 77.5
GeoEngineers 74.7
Fuss & O'Neill 72.3
Ayres Associates 49.7

 Top 3 Funds in this 401k

1. Principal Diversified International 9%
2. Principal Large Cap S&P 500 Index 8%
3. Principal LifeTime 2030 7%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Administration Principal Financial Group
Auditor Houston Walker & Associates, LLC

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