Ware Industries, Inc.
59
Plan:
38
66
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 $146,000 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
American Strip Steel, Inc. Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Salary Deferral. American Strip Steel, Inc. Retirement Plan currently has over 200 active participants and over $4.5M in plan assets.
Retirement Plan Details
| Address |
400 Metuchen Road
South Plainfield, NJ 07080 |
| Industry | Manufacturing |
| Administrator | Lori Hagedorn |
| Net Plan Assets | $4,530,000 |
| Total Participants | 220 |
| Avg Account Balance | $21,000 |
Compare Other Companies in Peer Group
| Spartanburg Steel Products | 70.0 |
| ZAPP Precision Wire | 69.9 |
| Jemison-Demsey, LLC | 69.4 |
| Owen Steel Company | 61.1 |
| Stripco | 59.8 |
| Searing Industries | 49.9 |
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