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Company:
Hirschfeld Steel Corporation
Plan:
Hirschfeld Steel/Carolina Steel Employee Savings Plan
 

Hirschfeld Steel Corporation

50 Plan:

 
 
50
24
58
81
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (50) and the top rated plan (81) could equate to:
[How is this calculated?]
14 additional years of work
Up to $199,900 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

Hirschfeld Steel/Carolina Steel Employee Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 50. This plan is in the top 35% of plans for Investment Menu Quality. Hirschfeld Steel/Carolina Steel Employee Savings Plan currently has over 1,100 active participants and over $18.2M in plan assets.

 

 Retirement Plan Details

Address 112 West 29th Street
P.O. Box 3768
San Angelo, TX 76902-3768 
Industry Manufacturing
Administrator Richard Phillips
Net Plan Assets $18,200,000
Total Participants 1,200
Avg Account Balance $15,000

 Top 3 Funds in this 401k

1. Wells Fargo Stable Income 44%
2. Invesco Van Kampen Equity and Income 12%
3. Fidelity Magellan 6%

  Plan Service Providers

Auditor Armstrong, Backus & Co
Corporate Trustee Wells Fargo (Wachovia)
Recordkeeper Wells Fargo (Wachovia)

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