Overview

Plan Rating

BrightScope Rating
77
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (29)
Average in Peer Group (76)
Highest in Peer Group (87)

Plan Description

Wave Systems Corp. 401k Savings & Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77. This plan is in the top 15% of plans for Account Balances and Salary Deferral. Wave Systems Corp. 401k Savings & Investment Plan currently has over 100 active participants and over $10.4M in plan assets.

Did you know?

For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (77) and the top rated plan (87) could equate to:
6
Additional years of work
74,926
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 12/31/2013
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 480 Pleasant St.
  • Location
    Lee , MA
  • 01238
  • Industry
    Other Computer Related Services
  • Administrator
    Richard M Donovan
  • Net Plan Assets
    $10,400,000
  • Total Participants
    160
  • Avg Account Balance
    $92,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Poor

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Poor

Performance

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

Peer Group Plans

Company Rating
Courion 79.9
Confluence Technologies 78.3
Avineon 74.5
Sis, Llc 73.4
National Micro Rentals 68.9
Shl Us 41.3
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Investments

Investment Menu Stats

# of Investment Options

22

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
SSgA S&P 500 Index 14%
N/A
SSgA Active US Large Cap Blend 9%
N/A
SSgA US Government Money Market 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
Corporate Trustee
State Street Global Advisors
Corporate Trustee
ADP
Recordkeeper
ADP
Auditor
Downey & Company, LLP