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Company:
Southwire Company
Plan:
Southwire Company Hourly Non-Union 401k Plan
 

Southwire Company

57 Plan:

 
 
57
24
60
80
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 (57) and the top rated plan (80) could equate to:
[How is this calculated?]
10 additional years of work
Up to $189,800 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

Southwire Company Hourly Non-Union 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 57. This plan is in the top 35% of plans for Total Plan Cost. Southwire Company Hourly Non-Union 401k Plan currently has over 3,500 active participants and over $112.3M in plan assets.

 

 Retirement Plan Details

Address 1 Southwire Dr
Carrollton, GA 30119-4400 
Industry Manufacturing
Administrator Guyton Cochran
Net Plan Assets $112,000,000
Total Participants 3,600
Avg Account Balance $31,000

 Compare Other Companies in Peer Group

Fort Wayne Metals Research Products 68.8
Draka Cableteq Holdings USA 68.8
Elektrisola 66.5
Phifer 64.9
MW Industries 63.5
GK Technologies 59.4

 Top 3 Funds in this 401k

1. Vanguard Wellington 26%
2. Russell Money Market 14%
3. Russell LifePoints Balanced Strategy 12%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Investment Adviser UBS
Administration Principal Financial Group
Auditor Moore Colson

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