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Company:
Albany International Corporation
Plan:
Albany International Corporation Prosperity Plus Savings Plan
 

Albany International Corporation

80 Plan: Albany International Corporation Prosperity Plus Savings Plan

 
 
80
11
70
87
0
10
20
30
40
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60
70
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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?]
4 additional years of work
Up to $47,200 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.

 

 Comments

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 63.2
Barnhardt Manufacturing Company 59.3
Stahls 55.3

 Top 3 Funds in this 401k

1. Vanguard Retirement Savings Trust 16%
2. Albany International Corporation Common Stock 16%
3. Vanguard Institutional Index 13%

  Plan Service Providers

Investment Adviser Vanguard Group
Recordkeeper Vanguard Group
Auditor PricewaterhouseCoopers LLP
Corporate Trustee Vanguard Group

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