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Company:
Freudenberg Nonwovens Limited Partnership
Plan:
Freudenberg Companies Savings & Investment Plan
 

Freudenberg Nonwovens Limited Partnership

80 Plan: Freudenberg Companies Savings & Investment Plan

 
 
80
8
63
90
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 (80) and the top rated plan (90) could equate to:
[How is this calculated?]
8 additional years of work
Up to $16,800 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

Freudenberg Companies Savings & Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity and Participation Rate. Freudenberg Companies Savings & Investment Plan currently has over 800 active participants and over $62.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
15
Plan Average: 24
Top 3 Funds in this 401k
1. PIMCO Total Return 15%
2. Vanguard Prime Money Market 11%
3. American Funds Growth Fund of America 9%

 Retirement Plan Details

Address 3440 Industrial Drive
Durham, NC 27704 
Industry Manufacturing
Administrator Kenneth J. Lastowski
Net Plan Assets $62,600,000
Total Participants 810
Avg Account Balance $77,000

  Plan Service Providers

Recordkeeper New York Life
Investment Adviser Investment Research & Advisory Group
Auditor Romeo Wiggins and Co

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