Verso Paper Holdings LLC
73
Plan:
11
72
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (73) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $138,700 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
Verso Paper Retirement Savings Plan for Union Employees is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 35% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Verso Paper Retirement Savings Plan for Union Employees currently has over 1,100 active participants and over $51.6M in plan assets.
Retirement Plan Details
| Address |
6775 Lenox Centre Court Park,
Suite 400 Memphis, TN 38115 |
| Industry | Manufacturing |
| Administrator | Kenny Sawyer |
| Net Plan Assets | $51,600,000 |
| Total Participants | 1,100 |
| Avg Account Balance | $46,000 |
Compare Other Companies in Peer Group
| UPM-Kymmene | 82.8 |
| Clearwater Paper | 79.1 |
| Mohawk Fine Papers | 75.1 |
| Neenah Paper | 74.0 |
| The Westervelt Company | 67.1 |
| North American Container | 49.3 |
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