Ormet Aluminum Mill Products Corporation
40
Plan:
26
56
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 48 point difference between this plan's BrightScope Rating (40) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
23 additional years of work Up to $352,900 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
Ormet Aluminum Mill Products Hannibal Hourly Employees' Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 40. Ormet Aluminum Mill Products Hannibal Hourly Employees' Savings Plan currently has over 100 active participants and over $2.6M in plan assets.
Retirement Plan Details
| Address |
Po Box 164
Hannibal, OH 43931-0164 |
| Industry | Manufacturing |
| Administrator | Lisa D. Riedel |
| Net Plan Assets | $2,570,000 |
| Total Participants | 140 |
| Avg Account Balance | $19,000 |
Compare Other Companies in Peer Group
| Schupan & Sons | 67.2 |
| Companhia Siderurgica Nacional, LLC | 66.9 |
| GPI | 66.3 |
| Ormet Primary Aluminum | 60.4 |
| Nambe, LLC | 48.9 |
| Aluminite Northwest | 43.1 |
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