Olympic Steel Lafayette, Inc.
54
Plan:
Olympic Steel Lafayette, Inc. Union Employees 401k Retirement Plan
32
62
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (54) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $204,600 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
Olympic Steel Lafayette, Inc. Union Employees 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 54. This plan is in the top 15% of plans for Participation Rate. Olympic Steel Lafayette, Inc. Union Employees 401k Retirement Plan currently has fewer than 100 active participants and over $3.6M in plan assets.
Retirement Plan Details
| Address |
5096 Richmond Rd
Bedford Heights, OH 44146-1329 |
| Industry | Manufacturing |
| Administrator | Richard A. Manson |
| Net Plan Assets | $3,650,000 |
| Total Participants | 94 |
| Avg Account Balance | $39,000 |
Compare Other Companies in Peer Group
| Plymouth Steel | 70.6 |
| Union Spring And Manufacturing | 65.4 |
| Rico Marketing | 60.6 |
| Strocal | 54.0 |
| Wald, LLC | 49.9 |
| John Maneely Company | 49.4 |
Comments