BrightScope Rating
Company:
Steelcase Inc.
Plan:
Steelcase Inc. Retirement Plan
Steelcase Inc.
71
Plan:
6
60
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (71) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $266,300 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.
Plan Description
Steelcase Inc. Retirement Plan 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 Company Generosity, Total Plan Cost, and Account Balances. Steelcase Inc. Retirement Plan currently has over 6,700 active participants and over $910.7M in plan assets.
Plan Details
| Address | 901 44Th Street Se Grand Rapids, MI 49508 |
| Industry | Furniture & Related Product Manufacturing |
| Administrator | David F Rt |
| Net Plan Assets | $911,000,000 |
| Total Participants | 7,700 |
| Avg Account Balance | $120,000 |
Top 3 Investment Holdings
| 1. | Fifth Third Equity Index | 20% |
| 2. | Montgomery US Core Fixed Income | 9% |
| 3. | Northern Trust Aggregate Bond Index | 8% |
Other Companies in Peer Group
| Seagate U.S., LLC | 79.5 |
| Micron Technology | 76.7 |
| Beckman Coulter | 75.8 |
| Commercial Metals Company | 75.0 |
| Square D Company | 74.3 |
| Kimberly-Clark | 61.1 |
Plan Service Providers
| Insurance Carrier | Great-West Life |
| Auditor | BDO Seidman |
| Recordkeeper | JPMorgan |
| Investment Adviser | Ennis Knupp |
| Legal Counsel | Miller Johnson Snell Cummiskey |
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