AK STEEL TAX-EFFICIENT SAVINGS PLAN FOR HOURLY EMPLOYEES

Plan Contact

  • Address: 9227 CENTRE POINTE DRIVE,WEST CHESTER,OH
  • Contact person: STEPHANIE BISSELBERG
  • Phone: (513) 425-2991

Plan General Information

AK STEEL TAX-EFFICIENT SAVINGS PLAN FOR HOURLY EMPLOYEES Total Number of Retirement Plan Participants

At the end of 2015, the total number of retirement plan participants in AK STEEL TAX-EFFICIENT SAVINGS PLAN FOR HOURLY EMPLOYEES is 1696

AK STEEL TAX-EFFICIENT SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Average Employee Contribution Amount

In 2015, the estimated average employee contribution amount per participant for AK STEEL TAX-EFFICIENT SAVINGS PLAN FOR HOURLY EMPLOYEES is $4,883.00.

AK STEEL TAX-EFFICIENT SAVINGS PLAN FOR HOURLY EMPLOYEES Estimated Average Employer Match

In 2015, the estimated average employer match for an employee in AK STEEL TAX-EFFICIENT SAVINGS PLAN FOR HOURLY EMPLOYEES is approximately $2,032.00
Investing in this additonal $2,032.00 for 20 years would give you extra $130,065.00, assuming a 10% annual return.

AK STEEL TAX-EFFICIENT SAVINGS PLAN FOR HOURLY EMPLOYEES Total Employer Contribution and Match Rate

In 2015, AK STEEL TAX-EFFICIENT SAVINGS PLAN FOR HOURLY EMPLOYEES allocates $3,446,747.00 to match its employees' contributions, providing an employer match rate of 83.22% of their contributions

Enrollment Features

AK STEEL TAX-EFFICIENT SAVINGS PLAN FOR HOURLY EMPLOYEES has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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