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Company:
Steelcase, Inc.
Plan:
Steelcase, Inc. Retirement Plan
 

Steelcase, Inc.

77 Plan:

 
 
77
21
63
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (77) and the top rated plan (86) could equate to:
[How is this calculated?]
5 additional years of work
Up to $71,200 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

Steelcase, Inc. Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Investment Menu Quality, Participation Rate, and Total Plan Cost. Steelcase, Inc. Retirement Plan currently has over 6,100 active participants and over $1.2B in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
35
Plan Average: 24
Top 3 Funds in this 401k
1. Vanguard Large Cap Equity Index 11%
2. American Funds New Perspective 7%
3. JPMorgan Core Bond 7%

 Retirement Plan Details

Address 901 44th Street Se
Grand Rapids, MI 49508 
Industry Manufacturing
Administrator David Gast
Sponsor Kimberly Hanrahan
Net Plan Assets $1,160,000,000
Total Participants 6,200
Avg Account Balance $190,000

 Compare Other Companies in Peer Group

Urschel Laboratories 81.4
Louisville Tin & Stove Company 69.0
Tech-Etch 66.3
Global Industries 62.9
F.C. Young & Co. 61.0
Optics East 45.5

  Plan Service Providers

Insurance Carrier Great-West Life
Recordkeeper JPMorgan
Investment Adviser JPMorgan
Legal Counsel Bank of America Merrill Lynch
Auditor BDO Seidman, LLP

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