Honda Manufacturing of Alabama, LLC
67
Plan:
Honda Manufacturing 401k Savings Plan
31
62
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (67) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $92,300 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
Honda Manufacturing 401k Savings Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. Honda Manufacturing 401k Savings Plan currently has over 4,500 active participants and over $94.5M in plan assets.
Retirement Plan Details
| Address |
1800 Honda Dr
Lincoln, AL 35096-5105 |
| Industry | Manufacturing |
| Administrator | V. Lyle Shroyer |
| Net Plan Assets | $94,500,000 |
| Total Participants | 4,600 |
| Avg Account Balance | $21,000 |
Compare Other Companies in Peer Group
| Harley-Davidson Motor Company... | 72.0 |
| CalsonicKansei North America | 68.3 |
| Blue Bird Body Company & Affiliates | 64.8 |
| Hyundai Motor Manufacturing... | 64.7 |
| Oshkosh | 62.2 |
| DaimlerChrysler | 61.1 |
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