Overview

Plan Rating

BrightScope Rating
85
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (40)
Average in Peer Group (75)
Highest in Peer Group (90)

Plan Description

Solvay America Companies' Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 85, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Solvay America Companies' Savings Plan currently has over 2,800 active participants and over $608.5M in plan assets.

Did you know?

For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (85) and the top rated plan (90) could equate to:
5
Additional years of work
14,070
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 3333 Richmond Avenue
  • Location
    Houston , TX
  • 77098-3007
  • Industry
    Manufacturing
  • Administrator
    Sara Dagostino
  • Sponsor
    Michael Lacy
  • Net Plan Assets
    $608,000,000
  • Total Participants
    2,800
  • Avg Account Balance
    $220,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

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

Peer Group Plans

Company Rating
Aerojet Rocketdyne Holdings 84.2
NewMarket 83.0
Cytec Industries 82.4
Hasbro 81.9
Bio-Rad Laboratories 81.1
The Gates 73.0
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Investments

Investment Menu Stats

# of Investment Options

24

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Russell Investments Strategy 22%
N/A
Russell Investment Contract Fund 17%
N/A
Vanguard Institutional Index 15%
6%
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
Voya Financial (ING)
Auditor
Harper & Pearson, P.C.