Hanjin Shipping Co., Ltd.
68
Plan:
22
54
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (68) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $18,600 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
Hanjin 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 68, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Participation Rate and Total Plan Cost. Hanjin 401k Plan currently has over 800 active participants and over $29.1M in plan assets.
Retirement Plan Details
| Address |
Suite 490
80 East Route 4 Paramus, NJ 07652 |
| Industry | Transportation and Warehousing |
| Administrator | James Heiden |
| Net Plan Assets | $29,100,000 |
| Total Participants | 820 |
| Avg Account Balance | $35,000 |
Compare Other Companies in Peer Group
| Daily Express | 67.7 |
| Atlas World Group | 66.5 |
| A & R Transport | 64.5 |
| Halls Fast Motor Freight | 64.2 |
| Superior Carriers | 59.6 |
| Eagle Transport | 47.7 |
Comments