Overview
Plan Description
Scot Forge Company Employee Stock Ownership Plan is a defined contribution plan with a stock bonus component and ESOP component. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Total Plan Cost. Scot Forge Company Employee Stock Ownership Plan currently has over 500 active participants and over $611.5M in plan assets.
Did you know?
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (74) and the top rated plan (89) could equate to:
10
Additional years of work
29,598
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 12/31/2016
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 8001 Winn Road
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 8001 Winn Road
-
LocationSpring Grove , IL60081-9687
-
IndustryManufacturing
-
AdministratorRonald Hahn
-
Net Plan Assets$611,000,000
-
Total Participants570
-
Avg Account Balance$1,090,000
Plan Components
Component Ratings
Design
Total Plan Cost:
Lowest Fees
Company Generosity:
Great
Performance
Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Great
Design
Total Plan Cost:
Lowest Fees
Company Generosity:
Great
Performance
Participation Rate:
Great
Salary Deferrals:
Poor
Account Balance:
Great
Peer Group Plans
Company | Rating |
---|---|
Sandvik | 79.6 |
BlueScope Steel North America | 78.9 |
Evapco | 76.6 |
Assa Abloy | 71.1 |
GK Technologies | 69.7 |
Waupaca Foundry | 68.4 |
Are you a Plan Sponsor?
Benchmark your plan against others to achieve your business objectives.

Investments
Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
---|---|---|
Scot Forge Company Common Stock | 100% |
N/A
|
|
100%
|
|
|
100%
|
|
|
100%
|
|
|
100%
|
View all funds in this plan
Articles and Questions

Boeing Fee Settlement Highlights the High Bar for Large Plans
Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves
Insights
See more articles*Articles are published by advisors without compensation
Why Do Investment Expenses Matter?
Ryan Alfred
Popular Questions
See more questions-
How much money do I need to retire?5 answers5answers
-
When I convert my regular IRA to a Roth IRA, do I have to pay the taxes all at once?4 answers4answers
-
I am retiring soon and I am nervous about having a lot of my retirement dollars in the stock market. What are the annuity products I have been reading about that guarantee retirement income for me?8 answers8answers
-
I have 100% of my retirement money in a target date fund. Do you consider that diversified enough or not?17 answers17answers
-
Am I saving enough for retirement?8 answers8answers
Have a question about retirement plans?
Our community of registered financial advisors are standing by to share their experience.
Ask a question
