Sumitomo Electric Wiring Systems, Inc.
61
Plan:
Sumitomo Electric Wiring Systems, Inc. 401k Retirement Savings Plan
10
71
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (61) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $113,500 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
Sumitomo Electric Wiring Systems, Inc. 401k Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 61. This plan is in the top 35% of plans for Investment Menu Quality, Participation Rate, and Total Plan Cost. Sumitomo Electric Wiring Systems, Inc. 401k Retirement Savings Plan currently has over 1,100 active participants and over $42.4M in plan assets.
Retirement Plan Details
| Address |
1018 Ashley Street
Bowling Green, KY 42103-2499 |
| Industry | Manufacturing |
| Administrator | Rhonda Williams |
| Net Plan Assets | $42,400,000 |
| Total Participants | 1,200 |
| Avg Account Balance | $36,000 |
Compare Other Companies in Peer Group
| Haldex Brake Products | 75.0 |
| Remy International | 73.4 |
| Jasper Engine Exchange | 68.4 |
| BorgWarner Morse TEC | 67.4 |
| Valeo Electrical Systems | 52.3 |
| Commercial Vehicle Group | 48.5 |
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