Luvata Buffalo, Inc.
66
Plan:
10
72
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (66) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $182,100 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
Luvata Buffalo and United Steelworkers Local 593 401k Retirement 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 Participation Rate and Total Plan Cost. Luvata Buffalo and United Steelworkers Local 593 401k Retirement Plan currently has over 500 active participants and over $33.3M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 981
Buffalo, NY 14240-0981 |
| Industry | Manufacturing |
| Administrator | Richard N. Lyons |
| Net Plan Assets | $33,300,000 |
| Total Participants | 510 |
| Avg Account Balance | $66,000 |
Compare Other Companies in Peer Group
| United States Steel Corporation... | 78.5 |
| Fiskars Brands | 74.7 |
| Spartanburg Steel Products | 70.0 |
| Snap-on | 67.9 |
| MSC Industrial Direct Co. | 62.4 |
| Hypertherm | 58.2 |
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