Overview

Plan Rating

BrightScope Rating
73
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (53)
Average in Peer Group (75)
Highest in Peer Group (86)

Plan Description

Systemtec, Inc. 401k Salary Reduction Plan and Trust 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 35% of plans for Salary Deferral. Systemtec, Inc. 401k Salary Reduction Plan and Trust currently has over 100 active participants and over $5.1M in plan assets.

Did you know?

For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (73) and the top rated plan (86) could equate to:
8
Additional years of work
21,804
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 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 246 Stoneridge Drive Suite 301
  • Location
    Columbia , SC
  • 29210
  • Industry
    Other Computer Related Services
  • Administrator
    Dawn F. Butler
  • Sponsor
    H. Paul Elias, Jr.
  • Net Plan Assets
    $5,070,000
  • Total Participants
    180
  • Avg Account Balance
    $31,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

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

Peer Group Plans

Company Rating
Mediapro Holdings, LLC 81.5
MAQ, LLC d/b/a MAQ Software 80.2
Railroad19 77.9
TeleSign 76.8
CCS Design 76.4
Client Resources 75.6

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

24

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
BlackRock, Inc. Blackrock Lifepath Index 57%
N/A
Vanguard Growth Index 10%
N/A
Vanguard Mid-Cap Growth Index 7%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
John Hancock
Insurance Advisor/Broker
Morgan Stanley
Recordkeeper
John Hancock
Auditor
Moore, Beauston & Woodham

Articles and Questions

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