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Company:
Allegheny Energy, Inc.
Plan:
Allegheny Energy Employee Stock Ownership and Savings Plan
 

Allegheny Energy, Inc.

78 Plan: Allegheny Energy Employee Stock Ownership and Savings Plan

 
 
78
21
91
0
10
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100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (78) and the top rated plan (91) could equate to:
[How is this calculated?]
9 additional years of work
Up to $97,100 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

Allegheny Energy Employee Stock Ownership and Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 78. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Allegheny Energy Employee Stock Ownership and Savings Plan currently has over 5,300 active participants and over $720.8M in plan assets.

 

 Retirement Plan Details

Address 800 Cabin Hill Drive
Greensburg, PA 15601-1689 
Industry Utilities
Administrator David Lutz
Net Plan Assets $721,000,000
Total Participants 5,400
Avg Account Balance $130,000

 Compare Other Companies in Peer Group

NSTAR 81.4
Alliant Energy 80.9
MidAmerican Energy Company 80.0
Nextera Energy 79.1
Pepco Holdings 78.0
Scana 76.8

 Top 3 Funds in this 401k

1. T. Rowe Price Blue Chip Growth 17%
2. Allegheny Energy, Inc. Common Stock 15%
3. T. Rowe Price Stable Value Fund 10%

  Plan Service Providers

Corporate Trustee T. Rowe Price
Administration T. Rowe Price
Recordkeeper T. Rowe Price
Investment Adviser David M. Kulchar
Auditor Deloitte & Touche, LLP

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