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 (26)
Average in Peer Group (69)
Highest in Peer Group (92)

Plan Description

SofTec Solutions, Inc. 401k Retirement 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 15% of plans for Salary Deferral. SofTec Solutions, Inc. 401k Retirement Plan currently has over 100 active participants and over $1.8M in plan assets.

Did you know?

For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (70) and the top rated plan (92) could equate to:
14
Additional years of work
107,298
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 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 384 Inverness Parkway, Suite 211
  • Location
    Englewood , CO
  • 80112
  • Industry
    Custom Computer Programming Services
  • Administrator
    Bruce Kirkpatrick
  • Net Plan Assets
    $1,780,000
  • Total Participants
    100
  • Avg Account Balance
    $20,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
High Fees
Company Generosity:
Above Average

Performance

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

Investment Menu Stats

# of Investment Options

33

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
MFS Massachusetts Investors Growth Stock 15%
5%
JPMorgan SmartRetirement 13%
58%
Invesco Equity and Income 11%
46%
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
Transamerica
Insurance Carrier
Empower
Insurance Advisor/Broker
Financial Telesis, Inc.
Insurance Advisor/Broker
NFP Securities, Inc.
Recordkeeper
Transamerica
Recordkeeper
United Retirement Plan Consultants
Recordkeeper
Empower
Auditor
Niewald & Martin, LLC

Articles and Questions

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