Savage Companies
67
Plan:
The Savage Companies Retirement & Employee Savings Plan
36
65
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (67) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $62,400 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 Savage Companies Retirement & Employee Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 35% of plans for Company Generosity, Participation Rate, and Total Plan Cost. The Savage Companies Retirement & Employee Savings Plan currently has over 2,100 active participants and over $60.1M in plan assets.
Retirement Plan Details
| Address |
6340 South 3000 East 600
Salt Lake City, UT 84121 |
| Industry | General Freight Trucking, Local |
| Administrator | Howard Goodman |
| Net Plan Assets | $60,100,000 |
| Total Participants | 2,200 |
| Avg Account Balance | $29,000 |
Compare Other Companies in Peer Group
| Panalpina | 61.3 |
| Sirva | 60.4 |
| Teamsters Local Union 500... | 59.6 |
| Dayton Freight Lines | 55.9 |
| Wilson Trucking | 53.7 |
| Heartland Express, Inc. of Iowa | 50.3 |
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