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Company:
ArcelorMittal US Inc.
Plan:
ArcelorMittal US Inc. Hourly 401k Plan
 

ArcelorMittal US Inc.

66 Plan:

 
 
66
43
71
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (66) and the top rated plan (85) could equate to:
[How is this calculated?]
11 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

ArcelorMittal US Inc. Hourly 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Total Plan Cost. ArcelorMittal US Inc. Hourly 401k Plan currently has over 13,600 active participants and over $830.4M 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 $830,000,000
Total Participants 14,000
Avg Account Balance $58,000

 Compare Other Companies in Peer Group

Novelis 80.8
Steel Dynamics 76.8
Carpenter Technology 73.7
Alcoa 70.7
Commercial Metals Company 68.6
United States Steel Corporation... 65.3

 Top 3 Funds in this 401k

1. Fidelity Stable Value Fund 31%
2. Fidelity Freedom 2015 10%
3. PIMCO Total Return 5%

  Plan Service Provider

Auditor Grant Thornton LLP

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