American Axle & Manufacturing, Inc.
74
Plan:
10
63
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (74) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $9,400 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
American Axle & Manufacturing, Inc. Salaried Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity and Total Plan Cost. American Axle & Manufacturing, Inc. Salaried Savings Plan currently has over 2,400 active participants and over $137.5M in plan assets.
Retirement Plan Details
| Address |
One Dauch Drive
Detroit, MI 48211-1198 |
| Industry | Manufacturing |
| Administrator | Terri M. Kemp |
| Sponsor | Michael K. Simonte |
| Net Plan Assets | $138,000,000 |
| Total Participants | 2,400 |
| Avg Account Balance | $57,000 |
Compare Other Companies in Peer Group
| Valeo | 77.7 |
| TK Holdings | 68.5 |
| Standard Motor Products | 68.1 |
| Benteler Automotive | 67.1 |
| United Components | 61.4 |
| North American Lighting | 60.5 |
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