Schaeffler Group USA Inc.
71
Plan:
Schaeffler Group USA Savings Retirement Plan
40
70
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (71) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $2,300 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
Schaeffler Group USA Savings Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 35% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. Schaeffler Group USA Savings Retirement Plan currently has over 4,300 active participants and over $217.6M in plan assets.
Retirement Plan Details
| Address |
308 Springhill Farm Rd
Fort Mill, SC 29715 |
| Industry | Manufacturing |
| Administrator | Timothy Zygmont |
| Net Plan Assets | $218,000,000 |
| Total Participants | 4,300 |
| Avg Account Balance | $50,000 |
Compare Other Companies in Peer Group
| Callaway Golf Company | 75.0 |
| Sandvik | 73.1 |
| Rexnord LLC | 69.7 |
| Valmont Industries | 69.3 |
| Senior Operations LLC | 69.2 |
| High Industries | 66.4 |
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