Overview

Plan Rating

BrightScope Rating
82
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (9)
Average in Peer Group (78)
Highest in Peer Group (89)

Plan Description

SEW-Eurodrive, Inc. Profit Sharing/401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 82. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Participation Rate. SEW-Eurodrive, Inc. Profit Sharing/401k Retirement Plan currently has over 1,100 active participants and over $162.4M in plan assets.

Did you know?

For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (82) and the top rated plan (89) could equate to:
5
Additional years of work
55,724
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 1275 Old Spartanburg Hwy. P.o. Box 518
  • Location
    Lyman , SC
  • 29365
  • Industry
    Manufacturing
  • Administrator
    Edie Bacome
  • Net Plan Assets
    $162,000,000
  • Total Participants
    1,100
  • Avg Account Balance
    $150,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Average
Account Balance:
Great

Design

Total Plan Cost:
Highest
Company Generosity:
Great

Performance

Participation Rate:
Above Average
Salary Deferrals:
Average
Account Balance:
Above Average

Peer Group Plans

Company Rating
Platform Specialty Products 82.3
Quantum 82.0
R.A Jones & Co. 80.6
Babcock Power 78.4
Haas Automation 77.9
Grundfos Pumps 76.9

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

31

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
WF/Blackrock S&P 500 Index 23%
N/A
Columbia Disciplined Core 16%
43%
Wells Fargo Stable Return Trust 13%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Wells Fargo
Investment Adviser
Morningstar, Inc.
Auditor
Dixon Hughes Goodman, LLC

Articles and Questions

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