Home  >   401k Directory   >   Macsteel Service Centers USA
 
Company:
Macsteel Service Centers USA
Plan:
Macsteel Service Centers USA Employee Savings Plan
 

Macsteel Service Centers USA

73 Plan: Macsteel Service Centers USA Employee Savings Plan

 
 
73
40
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (73) and the top rated plan (87) could equate to:
[How is this calculated?]
9 additional years of work
Up to $67,100 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

Macsteel Service Centers USA Employee 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 Total Plan Cost. Macsteel Service Centers USA Employee Savings Plan currently has over 1,200 active participants and over $86.0M in plan assets.

 

 Retirement Plan Details

Address 555 State Road
Bensalem, PA 19020 
Industry Manufacturing
Administrator Edmund Lazar
Net Plan Assets $86,000,000
Total Participants 1,300
Avg Account Balance $67,000

 Compare Other Companies in Peer Group

Klockner Namasco Holdings 69.6
Gerdau MacSteel 69.3
Ariel 67.2
Bekaert 67.0
John Maneely Company 63.8
Olympic Steel 58.9

 Top 3 Funds in this 401k

1. Bank of America Retirement Preservation Trust 23%
2. Davis New York Venture 15%
3. PIMCO Total Return 9%

  Plan Service Providers

Insurance Carrier Pacific Life Insurance
Corporate Trustee Bank of America Merrill Lynch
Auditor Shechtman, Marks, Devor P.C.

 Comments