Sterling Pipe & Tube, Inc.
57
Plan:
The Sterling Retirement Plan
28
56
72
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (57) and the top rated plan (72) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $92,700 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
The Sterling Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. This plan is in the top 35% of plans for Company Generosity. The Sterling Retirement Plan currently has over 100 active participants and over $3.0M in plan assets.
Retirement Plan Details
| Address |
5335 Enterprise Blvd
Toledo, OH 43612-3810 |
| Industry | Manufacturing |
| Administrator | Christopher S. Bowe |
| Net Plan Assets | $3,010,000 |
| Total Participants | 120 |
| Avg Account Balance | $26,000 |
Compare Other Companies in Peer Group
| Western Products | 62.2 |
| Ohio Steel Industries | 61.0 |
| Sessa Sheet Metal Contractors | 58.8 |
| Fab-Tech | 57.4 |
| Globe Iron Construction Co. | 55.4 |
| Findings | 53.5 |
Comments