Severstal Sparrows Point Llc
59
Plan:
32
67
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (59) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $145,800 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
Severstal Sparrows Point Llc 401k Savings Plan For Hourly Employees is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 15% of plans for Total Plan Cost. Severstal Sparrows Point Llc 401k Savings Plan For Hourly Employees currently has over 1,900 active participants and over $64.3M in plan assets.
Retirement Plan Details
| Address |
1430 Sparrows Point Blvd.
Sparrows Point, MD 21219 |
| Industry | Manufacturing |
| Administrator | Mark Lundy |
| Net Plan Assets | $64,300,000 |
| Total Participants | 2,000 |
| Avg Account Balance | $33,000 |
Compare Other Companies in Peer Group
| Gallatin Steel Company | 76.6 |
| Evraz, Inc. N.A. | 66.8 |
| Severstal Wheeling | 63.0 |
| Severstal North America | 62.0 |
| Metals USA | 59.3 |
| Republic Engineered Products | 56.9 |
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