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Company:
Santander Holdings USA, Inc.
Plan:
Santander 401k Plan
 

Santander Holdings USA, Inc.

67 Plan:

 
 
67
41
70
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (67) and the top rated plan (88) could equate to:
[How is this calculated?]
12 additional years of work
Up to $187,100 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.

 

Retirement Plan Description

Santander 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 67. This plan is in the top 15% of plans for Investment Menu Quality and Total Plan Cost. Santander 401k Plan currently has over 10,200 active participants and over $300.1M in plan assets.

 

 Retirement Plan Details

Address 1130 Berkshire Blvd.
Wyomissing, PA 19610 
Industry Savings Institutions
Administrator Lisa Vanroekel
Net Plan Assets $300,000,000
Total Participants 10,000
Avg Account Balance $29,000

 Top 3 Funds in this 401k

1. Charles Schwab Stable Value Fund 16%
2. Dodge & Cox Stock 11%
3. American Funds Growth Fund of America 8%

  Plan Service Providers

Insurance Carrier Prudential
Recordkeeper Charles Schwab
Investment Adviser Prudential
Auditor Deloitte & Touche, LLP

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