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Company:
Thyssenkrupp System Engineering, Inc.
Plan:
Thyssenkrupp System Engineering, Inc. 401k Plan
 

Thyssenkrupp System Engineering, Inc.

77 Plan:

 
 
77
26
69
82
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (77) and the top rated plan (82) could equate to:
[How is this calculated?]
2 additional years of work
Up to $93,800 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

Thyssenkrupp System Engineering, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Investment Menu Quality, Salary Deferral, and Total Plan Cost. Thyssenkrupp System Engineering, Inc. 401k Plan currently has over 400 active participants and over $35.6M in plan assets.

 

 Retirement Plan Details

Address 901 Doris Rd.
Auburn Hills, MI 48326 
Industry Manufacturing
Administrator Terance Fiebelkorn
Net Plan Assets $35,600,000
Total Participants 410
Avg Account Balance $88,000

 Compare Other Companies in Peer Group

Voith Hydro 77.5
Tognum America 76.4
Cameron International 71.4
Anchor Coupling 68.7
Elliott Company 67.3
Paradigm Precision Holdings, LLC 66.3

 Top 3 Funds in this 401k

1. Fidelity Managed Income Portfolio 11%
2. American Funds Growth Fund of America 7%
3. PIMCO Total Return 7%

  Plan Service Provider

Auditor Plante & Moran, PLLC

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