BrightScope Rating
Company:
Hitachi America, Ltd.
Plan:
Hitachi Employee 401k Retirement Plan
Hitachi America, Ltd.
78
Plan:
Hitachi Employee 401k Retirement Plan
7
60
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (78) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $341,500 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
Hitachi Employee 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 78, 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, Salary Deferrals, Total Plan Cost, Investment Menu Quality, and Account Balances. Hitachi Employee 401k Retirement Plan currently has over 4,800 active participants and over $321.0M in plan assets.
Plan Details
| Address | 50 Prospect Avenue Tarrytown, NY 10591 |
| Industry | Other Miscellaneous Manufacturing |
| Net Plan Assets | $321,000,000 |
| Total Participants | 6,400 |
| Avg Account Balance | $50,000 |
Top 3 Investment Holdings
| 1. | American Century Small Cap Value | 12% |
| 2. | JPMorgan Intermediate Bond Fund | 11% |
| 3. | Barclays Global Investors Equity Index | 9% |
Other Companies in Peer Group
| W.L. Gore & Associates | 71.7 |
| Armstrong World Industries | 70.0 |
| Federal-Mogul | 69.2 |
| Avnet | 68.4 |
| Kimball International | 62.2 |
| Lennox International | 47.6 |
Plan Service Providers
| Insurance Carrier | Axa Equitable |
| Auditor | Mayer Hoffman McCann |
| Recordkeeper | JPMorgan |
| Consultant | Watson Wyatt |
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