Olympic Steel, Inc.
59
Plan:
32
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (59) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $137,600 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.
Retirement Plan Description
Olympic Steel, Inc. Employees' 401k Retirement Plan & Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Investment Menu Quality and Total Plan Cost. Olympic Steel, Inc. Employees' 401k Retirement Plan & Trust currently has over 1,000 active participants and over $42.2M in plan assets.
Retirement Plan Details
| Address |
5096 Richmond Rd
Bedford Heights, OH 44146 |
| Industry | Manufacturing |
| Administrator | Richard Manson |
| Net Plan Assets | $42,200,000 |
| Total Participants | 1,000 |
| Avg Account Balance | $41,000 |
Compare Other Companies in Peer Group
| ZAPP Precision Wire | 69.9 |
| Klockner Namasco Holdings | 69.6 |
| Ariel | 67.2 |
| John Maneely Company | 63.8 |
| AFCO Steel, LLC | 62.6 |
| Unarco Material Handling | 48.2 |
Top 3 Funds in this 401k
| 1. | MetLife Stable Value Fund | 17% |
| 2. | American Funds Growth Fund of America | 11% |
| 3. | MFS Value | 9% |
Plan Service Providers
| Insurance Carrier | ING |
| Insurance Carrier | Lincoln Financial |
| Insurance Carrier | Pacific Life Insurance |
| Insurance Advisor/Broker | John P. Corsi |
| Insurance Advisor/Broker | Edward Chudakoff |
| Insurance Advisor/Broker | Joseph Scaffidi |
| Insurance Advisor/Broker | George Richard Mihal Jr. |
| Administration | Noble Davis Consulting, Inc. |
| Investment Adviser | Robert W. Baird & Co. |
| Auditor | Thornhill Financial |
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