Overview

Plan Rating

BrightScope Rating
84
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (7)
Average in Peer Group (66)
Highest in Peer Group (90)

Plan Description

The B & W Thrift Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 84, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Salary Deferral, and Total Plan Cost. The B & W Thrift Plan currently has over 5,400 active participants and over $493.2M in plan assets.

Did you know?

For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (84) and the top rated plan (90) could equate to:
6
Additional years of work
33,736
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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 13024 Ballantyne Corporate Place Suite 700
  • Location
    Charlotte , NC
  • 28277
  • Industry
    Manufacturing
  • Administrator
    Brittany Helmick
  • Net Plan Assets
    $493,000,000
  • Total Participants
    5,400
  • Avg Account Balance
    $92,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Peer Group Plans

Company Rating
Hexion 84.3
Atlas Copco North America, LLC 79.1
ACCO Brands 76.0
Kennametal 75.8
Teleflex 75.5
Esterline Technologies 75.2
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

20

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Target Retirement 42%
N/A
Vanguard Institutional Index 19%
14%
Vanguard Retirement Savings Trust 17%
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
Recordkeeper
Vanguard Group
Consultant
Vanguard Group
Legal Counsel
Kirkpatrick & Lockhart
Consultant
Kirkpatrick & Lockhart
Investment Adviser
Towers Watson
Auditor
Dixon Hughes Goodman, LLC

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

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