Sandvik, Inc.
73
Plan:
32
68
83
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (73) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $17,400 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
Sandvik Defined Contribution Plan 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 15% of plans for Account Balances and Total Plan Cost. Sandvik Defined Contribution Plan currently has over 3,100 active participants and over $243.4M in plan assets.
Retirement Plan Details
| Address |
1702 Nevins Road
Fair Lawn, NJ 07410 |
| Industry | Manufacturing |
| Administrator | Annette E. Maskal |
| Net Plan Assets | $243,000,000 |
| Total Participants | 3,100 |
| Avg Account Balance | $78,000 |
Compare Other Companies in Peer Group
| Evapco | 75.4 |
| Callaway Golf Company | 75.0 |
| Worthington Industries | 72.2 |
| Schaeffler Group USA | 70.9 |
| Rexnord LLC | 69.7 |
| The Gillette Company | 42.9 |
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