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Company:
Horsehead Corporation
Plan:
Horsehead Corporation Retirement and Savings Plan for Hourly Paid Employees
 

Horsehead Corporation

60 Plan:

 
 
60
42
66
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (60) and the top rated plan (87) could equate to:
[How is this calculated?]
15 additional years of work
Up to $164,400 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

Horsehead Corporation Retirement and Savings Plan for Hourly Paid Employees is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Investment Menu Quality and Total Plan Cost. Horsehead Corporation Retirement and Savings Plan for Hourly Paid Employees currently has over 800 active participants and over $32.7M in plan assets.

 

 Retirement Plan Details

Address 300 Frankfort Rd
Monaca, PA 15061-2210 
Industry Manufacturing
Administrator Frank Vallelunga
Net Plan Assets $32,700,000
Total Participants 800
Avg Account Balance $41,000

 Compare Other Companies in Peer Group

Rea Magnet Wire Company 77.8
ESM Group 72.8
Metal Technologies 70.6
Haynes International 69.6
Mid-States Aluminum 66.8
Luvata Buffalo 65.7

 Top 3 Funds in this 401k

1. Principal Guaranteed Interest Account 31%
2. Principal Money Market 16%
3. Principal LifeTime 2020 7%

  Plan Service Providers

Insurance Carrier Principal Financial Group
Insurance Advisor/Broker Roger Lee Zahn
Administration Principal Financial Group
Auditor Grant Thornton LLP

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