Valeo Electrical Systems, Inc.
52
Plan:
Valeo Electrical Systems, Inc. Savings Plan for Hourly Employees
41
68
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 33 point difference between this plan's BrightScope Rating (52) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
16 additional years of work Up to $180,600 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
Valeo Electrical Systems, Inc. Savings Plan for Hourly Employees is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 52. This plan is in the top 15% of plans for Total Plan Cost. Valeo Electrical Systems, Inc. Savings Plan for Hourly Employees currently has over 600 active participants and over $46.4M in plan assets.
Retirement Plan Details
| Address |
150 Stephenson Highway
Troy, MI 48083 |
| Industry | Manufacturing |
| Administrator | Robert Wade |
| Net Plan Assets | $46,400,000 |
| Total Participants | 630 |
| Avg Account Balance | $74,000 |
Compare Other Companies in Peer Group
| Haldex Brake Products | 75.0 |
| Remy International | 73.4 |
| L & L Products | 73.1 |
| The Knapheide Manufacturing Company | 68.9 |
| SSI Technologies | 59.1 |
| AER Manufacturing, LP | 55.9 |
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