Danfoss, Inc.
70
Plan:
Danfoss Employee Savings and Retirement Plan
40
71
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (70) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $74,400 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
Danfoss Employee Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Total Plan Cost. Danfoss Employee Savings and Retirement Plan currently has over 1,600 active participants and over $84.1M in plan assets.
Retirement Plan Details
| Address |
11655 Crossroads Circle
Baltimore, MD 21220-2863 |
| Industry | Manufacturing |
| Administrator | Eve E. Clark |
| Net Plan Assets | $84,100,000 |
| Total Participants | 1,700 |
| Avg Account Balance | $51,000 |
Compare Other Companies in Peer Group
| Williams International | 74.0 |
| Sauer-Danfoss US Company | 70.1 |
| Stewart & Stevenson LLC | 64.2 |
| Detroit Diesel | 62.5 |
| Stanadyne | 62.0 |
| Detroit Diesel | 57.7 |
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