Overview

Plan Rating

BrightScope Rating
77
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (39)
Average in Peer Group (69)
Highest in Peer Group (86)

Plan Description

Liebherr-America, Inc. Pension Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77, placing it in the top 15% of all plans in its peer group. This plan is also in the top 35% of plans for Account Balances, Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. Liebherr-America, Inc. Pension Plan currently has over 1,200 active participants and over $103.3M in plan assets.

Did you know?

For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (77) and the top rated plan (86) could equate to:
5
Additional years of work
131,051
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 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 4100 Chestnut Avenue
  • Location
    Newport News , VA
  • 23607
  • Industry
    Manufacturing
  • Administrator
    Lena Hogue
  • Net Plan Assets
    $103,000,000
  • Total Participants
    1,300
  • Avg Account Balance
    $85,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Above Average

Performance

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

Peer Group Plans

Company Rating
Veeco Instruments 83.2
Hoerbiger America Holding 75.8
Kuhn North America 68.9
Alamo Group USA 67.7
AGCO 65.5
The Manitowoc Company 61.1
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Investments

Investment Menu Stats

# of Investment Options

26

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Voya Stable Value Fund 34%
N/A
Voya Financial (ING) Solutions 22%
N/A
Voya JPMorgan Mid Cap Value 4%
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
Voya Financial (ING)
Recordkeeper
Voya Financial (ING)
Auditor
Kpmg, LLP