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Company:
Aker Kvaerner Songer, Inc.
Plan:
Aker Kvaerner Songer Retirement Plan
 

Aker Kvaerner Songer, Inc.

79 Plan: Aker Kvaerner Songer Retirement Plan

 
 
79
21
60
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (79) and the top rated plan (86) could equate to:
[How is this calculated?]
5 additional years of work
Up to $66,000 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

Aker Kvaerner Songer Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Salary Deferral. Aker Kvaerner Songer Retirement Plan currently has over 200 active participants and over $17.8M in plan assets.

 

 Retirement Plan Details

Address 701 Technology Drive
Canonsburg, PA 15317 
Industry Construction
Administrator Bob Hoover
Net Plan Assets $17,800,000
Total Participants 260
Avg Account Balance $68,000

 Top 3 Funds in this 401k

1. PIMCO Total Return 15%
2. American Funds Washington Mutual 14%
3. SEI Stable Asset Fund 11%

  Plan Service Providers

Recordkeeper Charles Schwab
Corporate Trustee Charles Schwab
Auditor Houston Walker & Associates, LLC

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