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Company:
Thyssenkrupp USA, Inc.
Plan:
Defined Contribution 401k Pension Plan for Certain Thyssenkrupp U.S. Group Companies
 

Thyssenkrupp USA, Inc.

66 Plan: Defined Contribution 401k Pension Plan for Certain Thyssenkrupp U.S. Group Companies

 
 
66
42
75
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (66) and the top rated plan (90) could equate to:
[How is this calculated?]
14 additional years of work
Up to $133,500 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

Defined Contribution 401k Pension Plan for Certain Thyssenkrupp U.S. Group Companies is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 66. This plan is in the top 15% of plans for Investment Menu Quality and Total Plan Cost. Defined Contribution 401k Pension Plan for Certain Thyssenkrupp U.S. Group Companies currently has over 2,100 active participants and over $85.4M in plan assets.

 

 Retirement Plan Details

Address 3155 West Big Beaver Road
Troy, MI 48084 
Industry Engineering Services
Administrator Michael Dowell
Net Plan Assets $85,400,000
Total Participants 2,200
Avg Account Balance $39,000

 Top 3 Funds in this 401k

1. Fidelity Managed Income Portfolio 11%
2. American Funds Growth Fund of America 7%
3. PIMCO Total Return 7%

  Plan Service Provider

Auditor Plante & Moran, PLLC

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