Overview

Plan Rating

BrightScope Rating
82
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (5)
Average in Peer Group (74)
Highest in Peer Group (88)

Plan Description

QinetiQ USA 401k Plan is a defined contribution plan. This plan has a BrightScope Rating of 82, 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 and Salary Deferral. QinetiQ USA 401k Plan currently has over 100 active participants and over $6.2M in plan assets.

Did you know?

For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (82) and the top rated plan (88) could equate to:
4
Additional years of work
76,927
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 12709 Haynes Road
  • Location
    Houston , TX
  • 77066
  • Industry
    All Other Professional, Scientific, and Technical Services
  • Administrator
    Joy North
  • Net Plan Assets
    $6,230,000
  • Total Participants
    120
  • Avg Account Balance
    $53,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Great

Performance

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

Peer Group Plans

Company Rating
DEI 84.7
Mirixa 78.5
Swiftpage ACT! LLC 75.9
Oracle Caribbean 70.0
Henry Doneger Associates 63.9
Advanced Systems Technology 57.5

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

34

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Funds (Capital Group) Target Date Retirement 52%
2%
Voya US Stock Index Portfolio 7%
N/A
Voya Stable Value Fund 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
Recordkeeper
Voya Financial (ING)
Auditor
Ryan Sharkey, LLP

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
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