Sumitomo Corporation of America
72
Plan:
41
68
88
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 (72) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $42,400 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
Summit Safe Harbor 401k Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 72. This plan is in the top 15% of plans for Total Plan Cost. Summit Safe Harbor 401k Plan currently has over 3,500 active participants and over $125.7M in plan assets.
Retirement Plan Details
| Address |
600 Third Avenue
New York, NY 10016 |
| Industry | Wholesale Trade |
| Administrator | Arlene Becker-Allam |
| Net Plan Assets | $126,000,000 |
| Total Participants | 3,500 |
| Avg Account Balance | $35,000 |
Compare Other Companies in Peer Group
| Vallourec & Mannesmann Holdings | 82.3 |
| SSAB Enterprises, LLC | 79.6 |
| Tubular Steel | 69.3 |
| Thyssenkrupp Materials Na | 69.2 |
| O'Neal Steel | 62.9 |
| A. M. Castle & Co. | 62.6 |
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