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Company:
Parker-Hannifin Corporation
Plan:
Parker Retirement Savings Plan
 

Parker-Hannifin Corporation

77 Plan:

 
 
77
48
70
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (77) and the top rated plan (85) could equate to:
[How is this calculated?]
5 additional years of work
Up to $13,600 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.

 

 Comments

Retirement Plan Description

Parker Retirement Savings Plan is a defined contribution plan with a 401k feature and leveraged ESOP component. This plan has a BrightScope Rating of 77. This plan is in the top 15% of plans for Account Balances, Investment Menu Quality, and Total Plan Cost. Parker Retirement Savings Plan currently has over 31,000 active participants and over $3.1B in plan assets.

 Retirement Plan Details

Address 6035 Parkland Blvd
Cleveland, OH 44124-4186 
Industry Manufacturing
Administrator Craig J. Mockler
Net Plan Assets $3,050,000,000
Total Participants 31,000
Avg Account Balance $99,000

 Compare Other Companies in Peer Group

Cameron International 80.5
EMC 78.5
Pitney Bowes 72.3
Apple 72.1
NCR 70.1
The Manitowoc Company 61.6

 Top 3 Funds in this 401k

1. Parker-Hannifin Corporation Common Stock 39%
2. Victory Diversified Stock 7%
3. Vanguard Institutional Index 4%

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Auditor McGladrey
Recordkeeper Fidelity
Corporate Trustee Fidelity

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