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Company:
Southern Ductile Castings
Plan:
Citation - Southern Ductile Casting Company Bargaining Unit 401k Retirement Plan
 

Southern Ductile Castings

47 Plan:

 
 
47
27
59
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 41 point difference between this plan's BrightScope Rating (47) and the top rated plan (88) could equate to:
[How is this calculated?]
20 additional years of work
Up to $235,400 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

Citation - Southern Ductile Casting Company Bargaining Unit 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 47. This plan is in the top 15% of plans for Investment Menu Quality. Citation - Southern Ductile Casting Company Bargaining Unit 401k Retirement Plan currently has over 200 active participants and over $1.4M in plan assets.

 

 Retirement Plan Details

Address 2217 Carolina Ave
Bessemer, AL 35020-5084 
Industry Manufacturing
Net Plan Assets $1,410,000
Total Participants 260
Avg Account Balance $5,500

 Compare Other Companies in Peer Group

Miller Compressing Company 72.0
Amsted Industries 65.5
SWVA 63.7
Motor Castings Company 62.3
Spuncast 59.4
Citation Wisconsin Castings... 57.3

 Top 3 Funds in this 401k

1. Principal Large Cap S&P 500 Index 16%
2. Principal Guaranteed Interest Account 13%
3. Participant Loans 13%

  Plan Service Providers

Auditor Mauldin & Jenkins, LLC
Insurance Carrier Principal Financial Group

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