Home  >   401k Directory   >   Danfoss, Inc.
 
Company:
Danfoss, Inc.
Plan:
Danfoss Employee Savings and Retirement Plan
 

Danfoss, Inc.

73 Plan: Danfoss Employee Savings and Retirement Plan

 
 
73
27
71
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (73) and the top rated plan (88) could equate to:
[How is this calculated?]
8 additional years of work
Up to $129,500 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 73. This plan is in the top 35% of plans for Account Balances, Company Generosity, Investment Menu Quality, Participation Rate, Salary Deferral, and Total Plan Cost. Danfoss Employee Savings and Retirement Plan currently has over 1,600 active participants and over $81.8M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
27
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. T. Rowe Price Stable Value Fund 16%
2. T. Rowe Price Blue Chip Growth 9%
3. T. Rowe Price Equity Income 8%

 Retirement Plan Details

Address 11655 Crossroads Circle
Baltimore, MD 21220-2863 
Industry Manufacturing
Administrator Eve E. Clark
Net Plan Assets $81,800,000
Total Participants 1,600
Avg Account Balance $52,000

  Plan Service Providers

Corporate Trustee T. Rowe Price
Recordkeeper T. Rowe Price
Auditor KPMG, Llp

 Comments