Overview

Plan Rating

BrightScope Rating
84
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (41)
Average in Peer Group (77)
Highest in Peer Group (88)

Plan Description

Abaco Systems Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 84, 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, Salary Deferral, and Total Plan Cost. Abaco Systems Savings Plan currently has over 400 active participants and over $17.0M in plan assets.

Did you know?

For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (84) and the top rated plan (88) could equate to:
3
Additional years of work
22,339
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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 12090 Memorial Pkwy, Sw
  • Location
    Huntsville , AL
  • 35803
  • Industry
    Manufacturing
  • Administrator
    Beverly Smith
  • Net Plan Assets
    $17,000,000
  • Total Participants
    500
  • Avg Account Balance
    $35,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Peer Group Plans

Company Rating
Impinj 79.9
Paramit 71.8
Ichor Systems 71.2
nLIGHT 68.9
Milwaukee Electronics 64.1
Asteelflash Usa 63.3
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

28

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Target Retirement 54%
27%
T. Rowe Price Blue Chip Growth 13%
53%
Fidelity 500 Index 9%
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
Recordkeeper
Fidelity
Auditor
Warren Averett Asset Management, LLC

Articles and Questions

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