Overview

Plan Rating

BrightScope Rating
59
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (49)
Average in Peer Group (73)
Highest in Peer Group (90)

Plan Description

ABB Optical Group, LLC 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. ABB Optical Group, LLC 401k Profit Sharing Plan currently has over 1,400 active participants and over $44.8M in plan assets.

Did you know?

For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (59) and the top rated plan (90) could equate to:
17
Additional years of work
194,623
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 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 12301 Nw 39th Street
  • Location
    Coral Springs , FL
  • 33065-2403
  • Industry
    Other Miscellaneous Nondurable Goods Merchant Wholesalers
  • Administrator
    Kristen Peterson
  • Net Plan Assets
    $44,800,000
  • Total Participants
    1,500
  • Avg Account Balance
    $33,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

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

Design

Total Plan Cost:
High Fees
Company Generosity:
Below Avg.

Performance

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

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
Principal Fixed Income Guaranteed Option 22%
N/A
Baird Core Plus Bond 13%
21%
Wells Fargo Stable Value 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
Insurance Carrier
Principal Financial Group
Administration
Principal Financial Group
Recordkeeper
Principal Financial Group
Recordkeeper
Transamerica
Consultant
Sageview Advisory Group
Auditor
Ahern, Jasco & Company, P.A.

Articles and Questions

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