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Company:
Ambassador Steel Corporation
Plan:
Ambassador Steel Corporation 401k Profit Sharing Plan
 

Ambassador Steel Corporation

64 Plan: Ambassador Steel Corporation 401k Profit Sharing Plan

 
 
64
9
63
86
0
10
20
30
40
50
60
70
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100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (64) and the top rated plan (86) could equate to:
[How is this calculated?]
11 additional years of work
Up to $174,900 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

Ambassador Steel Corporation 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Ambassador Steel Corporation 401k Profit Sharing Plan currently has over 700 active participants and over $24.0M in plan assets.

 

 Retirement Plan Details

Address 1342 South Grandstaff Drive
Auburn, IN 46706 
Industry Wholesale Trade
Administrator Debra L. Linstromberg
Sponsor David E. Worthington
Net Plan Assets $24,000,000
Total Participants 760
Avg Account Balance $32,000

 Compare Other Companies in Peer Group

Skyline Steel, LLC 73.9
Bohler-Uddeholm 67.7
Russel Metals 66.2
Reliance Steel & Aluminum Co. 62.6
Metal Exchange 62.4
McNichols Company 55.1

 Top 3 Funds in this 401k

1. Key Guaranteed Portfolio Fund 19%
2. Maxim Moderately Aggressive Profile II 9%
3. Maxim Moderate Profile II 7%

  Plan Service Providers

Insurance Carrier MetLife
Insurance Carrier Great-West Life
Insurance Advisor/Broker NRP Financial
Insurance Advisor/Broker MetLife
Auditor Seigel Group

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