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Company:
Alton Steel, Inc.
Plan:
Alton Steel, Inc. 401k Plan
 

Alton Steel, Inc.

65 Plan: Alton Steel, Inc. 401k Plan

 
 
65
21
61
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (65) and the top rated plan (87) could equate to:
[How is this calculated?]
12 additional years of work
Up to $144,200 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

Alton Steel, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 35% of plans for Investment Menu Quality and Participation Rate. Alton Steel, Inc. 401k Plan currently has over 200 active participants and over $7.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
40
Plan Average: 24
Top 3 Funds in this 401k
1. John Hancock Funds II Lifestyle Balanced 21%
2. John Hancock Funds II Lifestyle Growth 12%
3. John Hancock Funds II Lifestyle Moderate 8%

 Retirement Plan Details

Address #5 Cut Street
Alton, IL 62002 
Industry Iron and Steel Mills and Ferroalloy Manufacturing
Administrator James Claes
Net Plan Assets $7,200,000
Total Participants 290
Avg Account Balance $26,000

 Compare Other Companies in Peer Group

NLMK Indiana 68.7
Allegheny Technologies 65.3
Outokumpu Stainless 60.9
Arkansas Steel Associates 55.7
Spuncast 53.3
Elyria Foundry Company 49.8

  Plan Service Providers

Insurance Carrier John Hancock
Insurance Advisor/Broker LPL Financial Corp. (NRP)
Insurance Advisor/Broker Lockton Financial Advisors, LLC
Recordkeeper John Hancock
Auditor Huber Ring Helm & Co Pc

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