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Company:
Nucor Corporation
Plan:
Nucor Corporation Profit Sharing And Retirement Savings Plan
 

Nucor Corporation

80 Plan:

 
 
80
39
70
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (80) and the top rated plan (89) could equate to:
[How is this calculated?]
6 additional years of work
Up to $103,600 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

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 80, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, and Total Plan Cost. Nucor Corporation Profit Sharing And Retirement Savings Plan currently has over 16,800 active participants and over $3.3B in plan assets.


 Investment Menu Statistics

No. of Investment Options
29
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. BlackRock, Inc. Blackrock Lifepath Index 22%
2. Fidelity Contrafund 11%
3. Nucor Corporation Common Stock 10%

 Retirement Plan Details

Address 1915 Rexford Road
Charlotte, NC 28211 
Industry Iron and Steel Mills and Ferroalloy Manufacturing
Administrator Donovan Marks
Net Plan Assets $3,270,000,000
Total Participants 17,000
Avg Account Balance $200,000

 Compare Other Companies in Peer Group

Motorola Solutions 83.8
Dell 81.7
Parker-Hannifin 79.9
Unisys 79.1
L-3 Communications 77.5
Whirlpool 76.5

 
Plan Service Providers

Recordkeeper Fidelity
Auditor Greer & Walker