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Company:
The ESAB Group, Inc.
Plan:
The ESAB Group, Inc. Savings Plan
 

The ESAB Group, Inc.

73 Plan: The ESAB Group, Inc. Savings Plan

 
 
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88
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For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (73) and the top rated plan (88) could equate to:
[How is this calculated?]
9 additional years of work
Up to $98,400 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

The ESAB Group, Inc. Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 15% of plans for Participation Rate. The ESAB Group, Inc. Savings Plan currently has over 1,600 active participants and over $82.1M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
29
Plan Average: 24
Top 3 Funds in this 401k
1. Fidelity Contrafund 18%
2. Fidelity Managed Income Portfolio 15%
3. Oakmark Equity & Income 6%

 Retirement Plan Details

Address 411 South Ebenezer Road
Florence, SC 29501-7916 
Industry Manufacturing
Administrator Richard Kershner
Net Plan Assets $82,100,000
Total Participants 1,700
Avg Account Balance $49,000

 Compare Other Companies in Peer Group

KONE 77.5
Remmele Engineering 76.3
Grundfos Pumps 74.2
Babcock Power 72.3
MacDermid 66.3
Nidec Motor 66.2

  Plan Service Provider

Auditor BDO Seidman, LLP

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