Overview

Plan Rating

BrightScope Rating
70
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (42)
Average in Peer Group (72)
Highest in Peer Group (89)

Plan Description

Hitachi Employee 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 35% of plans for Account Balances, Company Generosity, and Total Plan Cost. Hitachi Employee 401k Retirement Plan currently has over 8,200 active participants and over $556.4M in plan assets.

Did you know?

For the average 401k participant, the 19 point difference between this plan's BrightScope Rating (70) and the top rated plan (89) could equate to:
12
Additional years of work
102,680
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 50 Prospect Avenue
  • Location
    Tarrytown , NY
  • 10591
  • Industry
    Manufacturing
  • Administrator
    Anne Carpiniello
  • Net Plan Assets
    $556,000,000
  • Total Participants
    8,200
  • Avg Account Balance
    $75,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Highest
Company Generosity:
Average

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Below Avg.
Account Balance:
Average

Peer Group Plans

Company Rating
Samsung Electronics America 84.3
Waters Technologies 82.9
SPX 80.8
Crane Co. 77.0
Kohler Co 75.8
Kennametal 73.6
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Investments

Investment Menu Stats

# of Investment Options

25

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
JPMorgan SmartRetirement 18%
N/A
BlackRock Equity Index 11%
N/A
JPMorgan Stable Value Fund 11%
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
AXA Equitable
Investment Adviser
Advised Assets Group, LLC
Investment Adviser
JPMorgan
Legal Counsel
Bryan Cave LLP
Recordkeeper
Empower
Consultant
Cook Street Consulting
Auditor
CBIZ Financial Solutions, Inc.

Articles and Questions

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