Can manufacturing company announces fall layoffs
Packaging company Silgan Containers LLC is laying off 449 of its employees in Northern California in October and November, including 49 in Sacramento.
Source – Sacramento Business Journal
Silgan Containers Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79. For the average 401k participant, the 5 point difference between this plan’s BrightScope Rating (79) and the top rated plan (84) could equate to: 3 additional years of work and/or $38.880 in lost savings.
With the WealthSentry system we participate in, accounts are automatically re-balanced to lower risk portfolios in the event of a severe economic downturn. Learn more in our guide, 6 Critical Steps You Must Take Now.
For an in-depth analysis of your options feel free to make an appointment, read one of our guides or participate in one of our workshops.
Wishing you the best.
Doug Reed, CRPC, AAMS