Freudenberg Nonwovens Limited Partnership
80
Plan:
Freudenberg Companies Savings & Investment Plan
10
67
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (80) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
3 additional years of workThe 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 Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. Freudenberg Companies Savings & Investment Plan currently has over 700 active participants and over $63.3M in plan assets.
Retirement Plan Details
| Address |
3440 Industrial Drive
Durham, NC 27704 |
| Industry | Manufacturing |
| Administrator | Kenneth J. Lastowski |
| Net Plan Assets | $63,300,000 |
| Total Participants | 770 |
| Avg Account Balance | $82,000 |
Compare Other Companies in Peer Group
| AstenJohnson | 74.1 |
| Standard Textile Co. | 68.5 |
| DeRoyal Industries | 63.0 |
| Barnhardt Manufacturing Company | 59.3 |
| Stahls | 55.3 |
| Anchor Industries | 50.4 |
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