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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
11
69
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 3 point difference between this plan's BrightScope Rating (83) and the top rated plan (86) could equate to:
[How is this calculated?]
3 additional years of work
Up to $18,700 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, 401k feature, and leveraged ESOP component. 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, Salary Deferral, and Total Plan Cost. H.J. Heinz Company Employees Retirement and Savings Plan currently has over 4,100 active participants and over $528.8M in plan assets.

 

 Retirement Plan Details

Address Po Box 57
Pittsburgh, PA 15230 
Industry Manufacturing
Administrator Michael Adamcyk
Net Plan Assets $529,000,000
Total Participants 4,100
Avg Account Balance $130,000

 Compare Other Companies in Peer Group

Mars 80.4
Del Monte 77.9
J.R. Simplot Company 74.4
The J.M. Smucker Company 73.6
Wm. Wrigley Jr. Company 70.7
McCain Foods USA 69.5

 Top 3 Funds in this 401k

1. H.J. Heinz Company Common Stock 19%
2. Vanguard Wellington 11%
3. Fidelity Retirement Government Money Market 8%

  Plan Service Providers

Administration ACS HR Solutions
Recordkeeper ACS HR Solutions
Corporate Trustee BNY Mellon
Consultant Ernst & Young
Consultant Towers Watson
Legal Counsel Ivins, Philips and Barker
Consultant Buck Consultants, Inc.
Auditor Alpern Rosenthal

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