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Company:
H & T Waterbury, Inc.
Plan:
H & T Battery Components USA, Inc. Profit Sharing & Retirement Savings Plan
 

H & T Waterbury, Inc.

70 Plan: H & T Battery Components USA, Inc. Profit Sharing & Retirement Savings Plan

 
 
70
24
59
81
0
10
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30
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70
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100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (70) and the top rated plan (81) could equate to:
[How is this calculated?]
6 additional years of work
Up to $56,200 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.

 

 Comments

Retirement Plan Description

H & T Battery Components USA, Inc. Profit Sharing & Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances and Company Generosity. H & T Battery Components USA, Inc. Profit Sharing & Retirement Savings Plan currently has over 200 active participants and over $19.4M in plan assets.

 Retirement Plan Details

Address 984 Waterville Street
Waterbury, CT 06704-0700 
Industry Manufacturing
Administrator Daniel Moffa
Net Plan Assets $19,400,000
Total Participants 220
Avg Account Balance $92,000

 Compare Other Companies in Peer Group

Ladish Co. 76.0
HBD Industries 71.0
Francis Manufacturing Company 65.1
Mott 63.0
Walker Forge 63.0
Jagemann Stamping Company 57.9

 Top 3 Funds in this 401k

1. MassMutual Guaranteed Interest Account 33%
2. MassMutual Premier International Equity 9%
3. MassMutual Select Small Cap Growth Equity 6%

  Plan Service Providers

Insurance Carrier MassMutual
Insurance Advisor/Broker Peter L. Hart
Insurance Advisor/Broker Maurice J. Simon
Administration Retirement & Benefit Systems, LLC
Auditor J.H. Cohn
Recordkeeper MassMutual

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