The Westervelt Company
67
Plan:
11
71
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 22 point difference between this plan's BrightScope Rating (67) and the top rated plan (89) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $44,100 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
The Westervelt Company Savings & Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Account Balances and Total Plan Cost. The Westervelt Company Savings & Investment Plan currently has over 800 active participants and over $74.2M in plan assets.
Retirement Plan Details
| Address |
1400 Jack Warner Parkway Ne
P.O. Box 4899 Tuscaloosa, AL 35404-8999 |
| Industry | Manufacturing |
| Administrator | Marc Hamilton |
| Net Plan Assets | $74,200,000 |
| Total Participants | 830 |
| Avg Account Balance | $89,000 |
Compare Other Companies in Peer Group
| UPM-Kymmene | 82.8 |
| Port Townsend Paper | 75.9 |
| SP Newsprint Co. | 74.2 |
| Verso Paper Holdings LLC | 73.4 |
| P.H. Glatfelter Company | 73.2 |
| Longview Fibre Paper and Packaging | 71.6 |
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