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Company:
Sheet Metal Workers Local Union No. 2 Silgan
Plan:
Sheet Metal Workers Local No. 2 Silgan Pension Plan
 

Sheet Metal Workers Local Union No. 2 Silgan

65 Plan: Sheet Metal Workers Local No. 2 Silgan Pension Plan

 
 
65
32
64
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (65) and the top rated plan (83) could equate to:
[How is this calculated?]
9 additional years of work
Up to $119,900 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

Sheet Metal Workers Local No. 2 Silgan Pension Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 65. This plan is in the top 15% of plans for Account Balances and Participation Rate. Sheet Metal Workers Local No. 2 Silgan Pension Plan currently has over 100 active participants and over $14.9M in plan assets.

 

 Retirement Plan Details

Address 2115 Sw Lower Lake Rd
Saint Joseph, MO 64504-9501 
Industry Manufacturing
Administrator Douglas Gilpin
Net Plan Assets $14,900,000
Total Participants 150
Avg Account Balance $100,000

 Top 3 Funds in this 401k

1. American Funds American Balanced 35%
2. Principal Money Market 23%
3. Principal LifeTime 2020 10%

  Plan Service Providers

Legal Counsel Arnold, Newbold, Winter & Jackson
Auditor Cochran , Head, Vick & Co. P.C.

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