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Company:
Nexans USA, Inc.
Plan:
Nexans USA Inc. 401k Retirement Savings Plan
 

Nexans USA, Inc.

64 Plan:

 
 
64
39
76
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 23 point difference between this plan's BrightScope Rating (64) and the top rated plan (87) could equate to:
[How is this calculated?]
13 additional years of work
Up to $102,200 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

Nexans USA Inc. 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 64. This plan is in the top 35% of plans for Total Plan Cost. Nexans USA Inc. 401k Retirement Savings Plan currently has over 600 active participants and over $17.9M in plan assets.

 

 Retirement Plan Details

Address P.O. Box 900
110 N. Center Street, Suite 204
Hickory, NC 28603-0900 
Industry Manufacturing
Administrator David G. Myles
Sponsor Kevin Stinson
Net Plan Assets $17,900,000
Total Participants 610
Avg Account Balance $29,000

 Compare Other Companies in Peer Group

Acme Packet 76.8
Aruba Networks 74.7
Connectivity Solutions Manufacturing 67.1
Winegard Company 65.4
ATEK Companies 61.7
CalAmp 61.1

 Top 3 Funds in this 401k

1. Schwab Managed Retirement 2030 27%
2. Schwab Managed Retirement 2020 23%
3. Schwab Managed Retirement 2040 14%

  Plan Service Providers

Investment Adviser Lockton Investment Advisors
Recordkeeper Charles Schwab
Auditor PricewaterhouseCoopers LLP

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