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Company:
Gallatin Steel Company
Plan:
Gallatin Steel 401k Savings Plan
 

Gallatin Steel Company

78 Plan: Gallatin Steel 401k Savings Plan

 
 
78
10
65
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (78) and the top rated plan (87) could equate to:
[How is this calculated?]
6 additional years of work
Up to $35,600 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

Gallatin Steel 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 78, 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 Participation Rate. Gallatin Steel 401k Savings Plan currently has over 500 active participants and over $47.2M in plan assets.


 Investment Menu Statistics

No. of Investment Options
17
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Fidelity Managed Income Portfolio 13%
2. Fidelity Spartan US Bond Index 7%
3. Fidelity Contrafund 7%

 Retirement Plan Details

Address 4831 Us Highway 42 West
Ghent, KY 41045-9704 
Industry Iron and Steel Mills and Ferroalloy Manufacturing
Administrator Cathy Hanley
Net Plan Assets $47,200,000
Total Participants 510
Avg Account Balance $94,000

  Plan Service Providers

Recordkeeper Fidelity
Auditor Deloitte & Touche, LLP