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Company:
Westinghouse Air Brake Technologies Corporation
Plan:
Wabtec Savings Plan
 

Westinghouse Air Brake Technologies Corporation

69 Plan: Wabtec Savings Plan

 
 
69
10
68
85
0
10
20
30
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70
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100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (69) and the top rated plan (85) could equate to:
[How is this calculated?]
9 additional years of work
Up to $75,500 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

Wabtec Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Total Plan Cost. Wabtec Savings Plan currently has over 4,400 active participants and over $209.2M in plan assets.

 

 Retirement Plan Details

Address 1001 Airbrake Avenue
Wilmerding, PA 15148-1036 
Industry Manufacturing
Administrator Scott E Wahlstrom
Net Plan Assets $209,000,000
Total Participants 4,500
Avg Account Balance $48,000

 Compare Other Companies in Peer Group

Krueger International 78.2
Altec Industries 73.5
Polaris Industries 71.8
Knoll 66.5
Haworth International, Ltd. 64.1
Simmons Bedding Company 55.6

 Top 3 Funds in this 401k

1. Fidelity Managed Income Portfolio 17%
2. Wabtec Corporation Common Stock 10%
3. Fidelity Spartan 500 Index 8%

  Plan Service Providers

Legal Counsel Morgan, Lewis & Bockius, LLP
Consultant Morgan, Lewis & Bockius, LLP
Auditor Freed, Maxick & Battaglia CPAs

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