Tower Automotive Holdings USA, LLC
69
Plan:
41
69
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (69) and the top rated plan (85) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $77,800 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
Tower Automotive Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 69. This plan is in the top 15% of plans for Total Plan Cost. Tower Automotive Retirement Savings Plan currently has over 1,700 active participants and over $77.9M in plan assets.
Retirement Plan Details
| Address |
17672 North Laurel Park Drive
Suite 400e Livonia, MI 48152 |
| Industry | Manufacturing |
| Administrator | Dawn E. Walker |
| Net Plan Assets | $77,900,000 |
| Total Participants | 1,700 |
| Avg Account Balance | $45,000 |
Compare Other Companies in Peer Group
| Jasper Engine Exchange | 68.4 |
| BorgWarner Morse TEC | 67.4 |
| Benteler Automotive | 67.1 |
| United Components | 61.4 |
| Henniges Automotive | 60.3 |
| Woodbridge Holdings | 60.3 |
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