ThyssenKrupp Steel North America, Inc.
71
Plan:
19
61
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (71) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $93,300 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
ThyssenKrupp Materials North America, Inc. 401k Plan for Bargaining Unit Employees is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Participation Rate. ThyssenKrupp Materials North America, Inc. 401k Plan for Bargaining Unit Employees currently has fewer than 100 active participants and over $6.2M in plan assets.
Retirement Plan Details
| Address |
22355 West Eleven Mile Road
Southfield, MI 48034 |
| Industry | Wholesale Trade |
| Administrator | Kathryn T. Littleton |
| Sponsor | David J. Stiebel |
| Net Plan Assets | $6,160,000 |
| Total Participants | 95 |
| Avg Account Balance | $65,000 |
Compare Other Companies in Peer Group
| Texas Pipe & Supply Co, Ltd. | 70.2 |
| Hanes Supply Co. | 66.2 |
| O'Brien Steel Service Company | 64.9 |
| Tubes | 60.1 |
| Hagerty Brothers Company | 57.2 |
| BMG Metals | 55.7 |
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