Latrobe Steel Company
74
Plan:
45
69
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (74) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $26,800 in lost retirement 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.
Retirement Plan Description
Latrobe Steel Company Savings and Investment Program is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74. This plan is in the top 35% of plans for Company Generosity, Participation Rate, and Total Plan Cost. Latrobe Steel Company Savings and Investment Program currently has over 500 active participants and over $24.1M in plan assets.
Retirement Plan Details
| Address |
2626 Ligonier Street
Latrobe, PA 15650 |
| Industry | Manufacturing |
| Administrator | Dale B. Mikus |
| Net Plan Assets | $24,100,000 |
| Total Participants | 530 |
| Avg Account Balance | $46,000 |
Compare Other Companies in Peer Group
| Spartanburg Steel Products | 70.0 |
| Luvata Buffalo | 65.7 |
| Bodycote IMT | 65.7 |
| AFCO Steel, LLC | 62.6 |
| Hypertherm | 58.2 |
| Huron Casting | 55.7 |
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