Albany International Corporation
80
Plan:
Albany International Corporation Prosperity Plus Savings Plan
11
70
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (80) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $47,600 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
Albany International Corporation Prosperity Plus Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 80. This plan is in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. Albany International Corporation Prosperity Plus Savings Plan currently has over 2,000 active participants and over $226.7M in plan assets.
Retirement Plan Details
| Address |
P.O. Box 1907
Albany, NY 12201 |
| Industry | Manufacturing |
| Administrator | Carol Lascala |
| Sponsor | David Pawlick |
| Net Plan Assets | $227,000,000 |
| Total Participants | 2,000 |
| Avg Account Balance | $110,000 |
Compare Other Companies in Peer Group
| AstenJohnson | 74.1 |
| Interface | 68.3 |
| Union Underwear Company | 64.8 |
| DeRoyal Industries | 63.0 |
| Barnhardt Manufacturing Company | 59.3 |
| Stahls | 55.3 |
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