Overview

Plan Rating

BrightScope Rating
70
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (38)
Average in Peer Group (72)
Highest in Peer Group (87)

Plan Description

L-Com 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 35% of plans for Total Plan Cost. L-Com 401k Plan currently has over 200 active participants and over $10.6M in plan assets.

Did you know?

For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (70) and the top rated plan (87) could equate to:
9
Additional years of work
90,372
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2016
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 50 High Street, West Mill 3rd Floor, Suite #30
  • Location
    North Andover , MA
  • 01845-1023
  • Industry
    Manufacturing
  • Administrator
    Kathleen Schwanekamp
  • Sponsor
    Frank Shambarger
  • Net Plan Assets
    $10,600,000
  • Total Participants
    280
  • Avg Account Balance
    $40,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Average

Performance

Participation Rate:
Average
Salary Deferrals:
Average
Account Balance:
Average

Design

Total Plan Cost:
Low Fees
Company Generosity:
Average

Performance

Participation Rate:
Average
Salary Deferrals:
Average
Account Balance:
Below Avg.

Peer Group Plans

Company Rating
Ultralife 72.6
Icore International 72.0
Newmar Power, LLC 69.3
Linemaster Switch 68.9
Tempco Electric Heater 67.1
E.I. Microcircuits 66.1
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

19

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
T. Rowe Price Blue Chip Growth 17%
51%
Fidelity Extended Market Index 13%
14%
Delaware Value 11%
54%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Newport Group Securities, Inc.
Auditor
McGladrey Wealth Management LLC

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
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