Andersen Corporation
67
Plan:
11
65
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (67) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $120,800 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
Andersen 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Total Plan Cost. Andersen 401k Plan currently has over 7,300 active participants and over $527.4M in plan assets.
Retirement Plan Details
| Address |
100 4th Ave N
Bayport, MN 55003-1096 |
| Industry | Manufacturing |
| Administrator | Kathy Prondzinski |
| Net Plan Assets | $527,000,000 |
| Total Participants | 7,400 |
| Avg Account Balance | $70,000 |
Compare Other Companies in Peer Group
| Rayonier | 79.4 |
| MeadWestvaco | 78.7 |
| RockTenn CP, LLC | 76.3 |
| NewPage | 76.0 |
| TIN | 74.3 |
| Weather Shield Manufacturing | 54.5 |
Top 3 Funds in this 401k
| 1. | T. Rowe Price Institutional Mid Cap Equity Growth | 14% |
| 2. | JPMorgan Stable Value Fund | 14% |
| 3. | PIMCO Total Return | 8% |
Plan Service Providers
| Auditor | Ernst & Young |
| Administration | Charles Schwab |
| Corporate Trustee | Charles Schwab |
| Legal Counsel | Oppenheimer Wolff & Donnelly |
| Investment Adviser | Vector Wealth Management LLC |
| Insurance Carrier | Union Security Insurance Company |
| Insurance Carrier | Minnesota Life |
| Insurance Advisor/Broker | Winter & Associates |
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