BrightScope Rating
Company:
Nucor Corporation
Plan:
Nucor Corporation Profit Sharing and Retirement Savings Plan
Nucor Corporation
85
Plan:
6
60
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (85) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $196,600 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.
Plan Description
Nucor Corporation Profit Sharing and Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 85, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity and Account Balances. Nucor Corporation Profit Sharing and Retirement Savings Plan currently has over 14,700 active participants and over $1.9B in plan assets.
Plan Details
| Address | 1915 Rexford Rd Charlotte, NC 28211 |
| Industry | Iron & Steel Mills & Ferroalloy Mfg |
| Administrator | Terry S. Lisenby, Vice President |
| Net Plan Assets | $1,900,000,000 |
| Total Participants | 16,000 |
| Avg Account Balance | $120,000 |
Top 3 Investment Holdings
| 1. | Nucor Corporation Common Stock | 21% |
| 2. | Fidelity Contrafund | 9% |
| 3. | Fidelity Puritan | 8% |
Other Companies in Peer Group
| EMC | 79.6 |
| General Dynamics | 78.6 |
| Whirlpool | 71.9 |
| Alliant Techsystems | 70.4 |
| Danaher | 70.1 |
| United Technologies | 64.8 |
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