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Company:
Solvay America, Inc.
Plan:
Solvay America Companies' Savings Plan
 

Solvay America, Inc.

85 Plan: Solvay America Companies' Savings Plan

 
 
85
40
75
90
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 (85) and the top rated plan (90) could equate to:
[How is this calculated?]
5 additional years of work
Up to $14,100 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

Solvay America Companies' Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 85, 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. Solvay America Companies' Savings Plan currently has over 2,800 active participants and over $608.5M in plan assets.


 Investment Menu Statistics

No. of Investment Options
24
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Russell Investments Russell Strategy 22%
2. Russell Investment Contract Fund 17%
3. Vanguard Institutional Index 15%

 Retirement Plan Details

Address 3333 Richmond Avenue
Houston, TX 77098-3007 
Industry Manufacturing
Administrator Sara Dagostino
Sponsor Michael Lacy
Net Plan Assets $608,000,000
Total Participants 2,800
Avg Account Balance $220,000

 Compare Other Companies in Peer Group

Aerojet Rocketdyne Holdings 84.2
NewMarket 83.0
Cytec Industries 82.4
Hasbro 81.9
Bio-Rad Laboratories 81.1
The Gates 73.0

 
Plan Service Providers

Recordkeeper Voya Financial (ING)
Auditor Harper & Pearson, P.C.