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Company:
Albany Industries, Inc.
Plan:
Albany Industries, Inc. Employee Stock Ownership Plan
 

Albany Industries, Inc.

72 Plan:

 
 
72
36
59
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (72) and the top rated plan (84) could equate to:
[How is this calculated?]
8 additional years of work
Up to $11,600 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.

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 Plan Component Ratings

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Retirement Plan Description

Albany Industries, Inc. Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and leveraged ESOP component. This plan has a BrightScope Rating of 72, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity. Albany Industries, Inc. Employee Stock Ownership Plan currently has over 300 active participants and over $42.2M in plan assets.

 Retirement Plan Details

Address 504 North Glenfield Road
New Albany, MS 38652-2214 
Industry Manufacturing
Administrator Phillip Jamieson, Plan Admin
Net Plan Assets $42,200,000
Total Participants 330
Avg Account Balance $53,000

 Compare Other Companies in Peer Group

Valley Cabinet 68.3
Hufcor 67.1
Harbor Industries 63.4
Trendway 60.4
Structural Concepts 58.6
Classic Leather 53.4

 Top 2 Funds in this 401k

1. Albany Industries, Inc. Common Stock 96%
2. Total Money Market Funds 3%

  Plan Service Providers

Legal Counsel Sheppard, Mullin Richter & Hampton
Auditor Nail Mckinney Professional Assoc.

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