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Company:
Allegheny Technologies Incorporated
Plan:
Hourly 401k Plan for Represented Employees at Midland and Louisville
 

Allegheny Technologies Incorporated

61 Plan: Hourly 401k Plan for Represented Employees at Midland and Louisville

 
 
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85
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For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (61) and the top rated plan (85) could equate to:
[How is this calculated?]
12 additional years of work
Up to $160,600 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

Hourly 401k Plan for Represented Employees at Midland and Louisville is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Participation Rate. Hourly 401k Plan for Represented Employees at Midland and Louisville currently has over 300 active participants and over $18.7M in plan assets.

 

 Retirement Plan Details

Address C/O Allegheny Technologies
Pittsburgh, PA 15222-5479 
Industry Manufacturing
Administrator Richard Mercer
Net Plan Assets $18,700,000
Total Participants 380
Avg Account Balance $50,000

 Top 3 Funds in this 401k

1. Total Guaranteed Investment Contracts 27%
2. American Funds Growth Fund of America 17%
3. MFS Value 9%

  Plan Service Providers

Auditor Ernst & Young
Recordkeeper Mercer

 Comments