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Company:
GK Technologies, Incorporated
Plan:
General Cable Retirement and Savings Plan for Salaried Associates
 

GK Technologies, Incorporated

76 Plan:

 
 
76
34
61
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (76) and the top rated plan (84) could equate to:
[How is this calculated?]
5 additional years of work
Up to $42,500 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.

 

Retirement Plan Description

General Cable Retirement and Savings Plan for Salaried Associates is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 76, 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, Participation Rate, and Total Plan Cost. General Cable Retirement and Savings Plan for Salaried Associates currently has over 1,600 active participants and over $182.6M in plan assets.


 Investment Menu Statistics

No. of Investment Options
16
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Fidelity Stable Value Fund 22%
2. Vanguard Target Retirement 2020 7%
3. General Cable Corporation Common Stock 6%

 Retirement Plan Details

Address 4 Tesseneer Drive
Highland Heights, KY 41076-9753 
Industry Manufacturing
Administrator Beth Curtis
Net Plan Assets $183,000,000
Total Participants 1,700
Avg Account Balance $110,000

  Plan Service Providers

Recordkeeper Fidelity
Auditor Deloitte & Touche, LLP