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Company:
H. J. Heinz Company
Plan:
H.J. Heinz Company Employees Retirement and Savings Plan
 

H. J. Heinz Company

83 Plan:

 
 
83
36
70
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (83) and the top rated plan (88) could equate to:
[How is this calculated?]
4 additional years of work
Up to $62,400 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

H.J. Heinz Company Employees Retirement and Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 83, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. H.J. Heinz Company Employees Retirement and Savings Plan currently has over 3,200 active participants and over $465.8M in plan assets.


 Investment Menu Statistics

No. of Investment Options
16
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Vanguard Wellington 29%
2. Vanguard Institutional Index 11%
3. Vanguard Windsor II 8%

 
Plan Component Ratings

 Retirement Plan Details

Address Po Box 57
Pittsburgh, PA 15230 
Industry Manufacturing
Administrator Steve Crucitt
Net Plan Assets $466,000,000
Total Participants 3,300
Avg Account Balance $140,000

 
Plan Service Providers

Administration Xerox HR Solutions, LLC
Recordkeeper Xerox HR Solutions, LLC
Corporate Trustee BNY Mellon
Consultant Ernst & Young
Consultant Buck Consultants, Inc.
Legal Counsel Ivins, Philips and Barker
Auditor Schneider Downs & Co., Inc.