Overview

Plan Rating

BrightScope Rating
76
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 (73)
Highest in Peer Group (88)

Plan Description

North American Stainless Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 76. This plan is in the top 15% of plans for Account Balances and Participation Rate. North American Stainless Savings Plan currently has over 1,500 active participants and over $142.4M in plan assets.

Did you know?

For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (76) and the top rated plan (88) could equate to:
8
Additional years of work
68,354
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 6870 Highway 42 East
  • Location
    Ghent , KY
  • 41045-9615
  • Industry
    Iron and Steel Mills and Ferroalloy Manufacturing
  • Administrator
    Sabine Defilippo
  • Net Plan Assets
    $142,000,000
  • Total Participants
    1,600
  • Avg Account Balance
    $92,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

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

Peer Group Plans

Company Rating
Ariel 83.3
NLMK USA Plan Steering Committee 81.4
Am/Ns Calvert Llc 74.3
Snap-On 70.5
OKAY Industries 68.9
MSC Industrial Direct Co. 66.4
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Investments

Investment Menu Stats

# of Investment Options

20

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
American Funds (Capital Group) Target Date Retirement 18%
3%
American Funds Fundamental Investors 10%
7%
American Funds New Perspective 9%
41%
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
New York Life
Recordkeeper
New York Life
Investment Adviser
Wells Fargo
Auditor
Crowe Horwath LLP

Articles and Questions

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