The Lincoln Electric Company
75
Plan:
The Lincoln Electric Company Employee Savings Plan
75
18
69
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (75) and the top rated plan (85) could equate to:
[How is this calculated?]
6 additional years of work
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.
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Retirement Plan Description
The Lincoln Electric Company Employee Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 75. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. The Lincoln Electric Company Employee Savings Plan currently has over 3,200 active participants and over $287.0M in plan assets.
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