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Company:
FreightCar America, Inc.
Plan:
Freight Car Services, Inc. 401k Plan
 

FreightCar America, Inc.

46 Plan:

 
 
46
30
59
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (46) and the top rated plan (85) could equate to:
[How is this calculated?]
19 additional years of work
Up to $229,600 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

Freight Car Services, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 46. This plan is in the top 35% of plans for Company Generosity. Freight Car Services, Inc. 401k Plan currently has over 400 active participants and over $7.1M in plan assets.

 

 Retirement Plan Details

Address 2313 Cannon St
Danville, IL 61832-4200 
Industry Railroad Rolling Stock Manufacturing
Administrator Charles Howard
Net Plan Assets $7,080,000
Total Participants 450
Avg Account Balance $16,000

 Compare Other Companies in Peer Group

Electro-Motive Diesel 85.0
Delta Railroad Construction 71.2
Sperry Rail 62.3
Kawasaki Rail Car 61.8
Kasgro Rail 55.2
Progress Vanguard 46.1

 Top 3 Funds in this 401k

1. Principal Fixed Income 401(a)/(k) 47%
2. Participant Loans 19%
3. Russell LifePoints Conservative Strategy 6%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Northwestern Mutual
Administration Principal Financial Group
Auditor Deloitte & Touche, LLP

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