I/N Tek and I/N Kote C/O ArcelorMittal USA LLC
71
Plan:
I/N Tek and I/N Kote 401k Savings Plan for Emloyees Represented by United Steelworkers of America Union Local 9231
32
68
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (71) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $73,300 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
I/N Tek and I/N Kote 401k Savings Plan for Emloyees Represented by United Steelworkers of America Union Local 9231 is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. I/N Tek and I/N Kote 401k Savings Plan for Emloyees Represented by United Steelworkers of America Union Local 9231 currently has over 400 active participants and over $51.5M in plan assets.
Retirement Plan Details
| Address |
Pension Director
One South Dearborn, 19th Floor Chicago, IL 60603 |
| Industry | Manufacturing |
| Administrator | Christine Fleps |
| Net Plan Assets | $51,500,000 |
| Total Participants | 430 |
| Avg Account Balance | $110,000 |
Compare Other Companies in Peer Group
| Ellwood Quality Steels Company | 87.0 |
| Gallatin Steel Company | 76.6 |
| Latrobe Steel Company | 74.4 |
| Wells Manufacturing Company | 69.3 |
| Evraz, Inc. N.A. | 66.8 |
| Harrison Steel Castings Co. | 64.7 |
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