Overview

Plan Rating

BrightScope Rating
67
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (45)
Average in Peer Group (69)
Highest in Peer Group (84)

Plan Description

Whiting-Swenson Employee's Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 35% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Whiting-Swenson Employee's Savings Plan currently has over 200 active participants and over $18.2M in plan assets.

Did you know?

For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (67) and the top rated plan (84) could equate to:
9
Additional years of work
115,409
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 12/31/2015
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 26000 Whiting Way
  • Location
    Monee , IL
  • 60449-8160
  • Industry
    Manufacturing
  • Administrator
    Jeffrey Figlewicz
  • Net Plan Assets
    $18,200,000
  • Total Participants
    250
  • Avg Account Balance
    $83,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Below Avg.

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Below Avg.

Performance

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

Peer Group Plans

Company Rating
Hotstart 80.3
OMAX 74.4
Krauss-Maffei 72.0
Cummins Northeast 71.3
SafeWorks, LLC 70.0
Hyde Park Partners 69.0
Are you a Plan Sponsor?
Benchmark your plan against others to achieve your business objectives.

Investments

Investment Menu Stats

# of Investment Options

17

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Principal Large Cap S&P 500 Index 20%
N/A
Principal Financial Group LifeTime 19%
25%
FFTW Income Plus 18%
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
Insurance Carrier
Principal Financial Group
Administration
Principal Financial Group
Recordkeeper
Principal Financial Group
Investment Adviser
Pavilion Advisory Group, Inc.
Auditor
BDO Seidman, LLP

Articles and Questions

Boeing Plan Report (Updated)

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

Have a question about retirement plans?
Our community of registered financial advisors are standing by to share their experience.
Ask a question