DRS Technologies, Inc.
74
Plan:
10
70
86
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 (74) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $95,200 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
DRS Retirement/Savings Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Company Generosity, Salary Deferral, and Total Plan Cost. DRS Retirement/Savings Plan currently has over 11,700 active participants and over $518.6M in plan assets.
Retirement Plan Details
| Address |
5 Sylvan Way
Parsippany, NJ 07054 |
| Industry | Manufacturing |
| Administrator | Matthew Toglia |
| Net Plan Assets | $519,000,000 |
| Total Participants | 12,000 |
| Avg Account Balance | $44,000 |
Compare Other Companies in Peer Group
| Brunswick | 77.5 |
| Ametek | 73.6 |
| Stanley Black & Decker | 70.5 |
| Kohler Co. & Subsidiaries | 67.8 |
| Diebold | 67.3 |
| Carlisle Corporatioin | 59.8 |
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