Hanna Steel Corporation
56
Plan:
Hanna Steel Corporation Profit Sharing Plan
10
64
85
0
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For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (56) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $215,700 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
Hanna Steel Corporation Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. Hanna Steel Corporation Profit Sharing Plan currently has over 400 active participants and over $11.3M in plan assets.
Retirement Plan Details
| Address |
3812 Commerce Avenue
Fairfield, AL 35064-0558 |
| Industry | Manufacturing |
| Administrator | Randy Raiford |
| Sponsor | Hanna Steel Corporation |
| Net Plan Assets | $11,300,000 |
| Total Participants | 430 |
| Avg Account Balance | $26,000 |
Compare Other Companies in Peer Group
| Modern Welding Company | 67.0 |
| Vision-Ease Lens | 63.3 |
| Kenwal Steel | 59.9 |
| Continental/Midland, LLC | 55.0 |
| Cemco | 54.1 |
| Duferco Farrell | 50.6 |
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