ArcelorMittal US Inc.
80
Plan:
43
71
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (80) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
4 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.
Retirement Plan Description
ArcelorMittal USA, Inc. Savings and Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. ArcelorMittal USA, Inc. Savings and Investment Plan currently has over 4,800 active participants and over $645.7M in plan assets.
Retirement Plan Details
| Address |
Pension Director
One South Dearborn, 19th Floor Chicago, IL 60603 |
| Industry | Manufacturing |
| Administrator | Christine Fleps |
| Net Plan Assets | $646,000,000 |
| Total Participants | 4,800 |
| Avg Account Balance | $130,000 |
Compare Other Companies in Peer Group
| Novelis | 80.8 |
| United States Steel Corporation... | 78.5 |
| Steel Dynamics | 76.8 |
| Carpenter Technology | 73.7 |
| Commercial Metals Company | 68.6 |
| Alcoa | 68.4 |
Comments