BrightScope Rating
Company:
IKON Office Solutions, Inc.
Plan:
IKON Office Solutions, Inc. Retirement Savings Plan
IKON Office Solutions, Inc.
61
Plan:
IKON Office Solutions, Inc. Retirement Savings Plan
6
59
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (61) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
17 additional years of work Up to $212,300 in lost retirement 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.
Plan Description
IKON Office Solutions, Inc. Retirement Savings Plan is a defined contribution plan with a 401k feature and ESOP component. This plan has a BrightScope Rating of 61. This plan is in the top 15% of plans for Participation Rate and Investment Menu Quality. IKON Office Solutions, Inc. Retirement Savings Plan currently has over 23,500 active participants and over $621.4M in plan assets.
Plan Details
| Address | 70 Valley Stream Parkway Malvern, PA 19355 |
| Industry | Wholesale of Paper & Paper Products |
| Net Plan Assets | $621,000,000 |
| Total Participants | 31,000 |
| Avg Account Balance | $20,000 |
Top 3 Investment Holdings
| 1. | IKON Office Solutions, Inc. Common Stock Fund | 19% |
| 2. | American Funds EuroPacific Growth | 13% |
| 3. | Invesco Stable Value Fund | 12% |
Other Companies in Peer Group
| Robert Bosch, LLC | 74.3 |
| W.W. Grainger | 71.5 |
| Sony Electronics | 71.3 |
| U.S. Foodservice | 61.5 |
| Wolseley Investments | 58.7 |
| Genuine Parts Company | 56.1 |
Plan Service Providers
| Auditor | PricewaterhouseCoopers |
| Recordkeeper | Hewitt Associates |
| Corporate Trustee | State Street |
| Investment Adviser | Mercer Investment Consulting |
| Consultant | Aon Consulting Inc. |
| Administration | IKON |
| Consultant | Asa (Aon Consulting) |
| Legal Counsel | Ballard Spahr |
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