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Company:
SteelFab, Inc.
Plan:
SteelFab, Inc. Profit Sharing and 401k Plan
 

SteelFab, Inc.

50 Plan: SteelFab, Inc. Profit Sharing and 401k Plan

 
 
50
38
64
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (50) and the top rated plan (83) could equate to:
[How is this calculated?]
15 additional years of work
Up to $239,800 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

SteelFab, Inc. Profit Sharing and 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. SteelFab, Inc. Profit Sharing and 401k Plan currently has over 800 active participants and over $20.6M in plan assets.

 

 Retirement Plan Details

Address 8623 Old Dowd Road
Charlotte, NC 28214 
Industry Manufacturing
Administrator Tammy Simms
Net Plan Assets $20,600,000
Total Participants 800
Avg Account Balance $26,000

 Compare Other Companies in Peer Group

EFCO 71.1
Mueller 65.1
Peerless Manufacturing Co. 64.8
Canam Steel 61.9
Keller Companies 55.2
PlayPower 54.2

 Top 3 Funds in this 401k

1. RiverSource Trust Income V 30%
2. Oakmark Equity & Income 6%
3. Participant Loans 6%

  Plan Service Providers

Corporate Trustee Wells Fargo (Wachovia)
Investment Adviser Wells Fargo (Wachovia)
Recordkeeper Wells Fargo (Wachovia)
Investment Adviser Hartford
Investment Adviser Hamilton Joseph
Auditor Cherry, Bekaert & Holland, LLP

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