Henniges Automotive
60
Plan:
41
68
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (60) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $102,800 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
Henniges Automotive Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 35% of plans for Total Plan Cost. Henniges Automotive Retirement Savings Plan currently has over 1,900 active participants and over $57.8M in plan assets.
Retirement Plan Details
| Address |
36600 Corporate Drive
Farmington Hills, MI 48331 |
| Industry | Manufacturing |
| Administrator | Christine Falls |
| Sponsor | Lawrence Williams |
| Net Plan Assets | $57,800,000 |
| Total Participants | 2,000 |
| Avg Account Balance | $29,000 |
Compare Other Companies in Peer Group
| Tower Automotive Holdings USA, LLC | 69.1 |
| Jasper Engine Exchange | 68.4 |
| Saf-Holland | 66.1 |
| Yamaha Motor Manufacturing... | 65.8 |
| Woodbridge Holdings | 60.3 |
| Modine Manufacturing Company | 55.8 |
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