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Company:
Bayer Corporation
Plan:
Bayer Corporation Savings and Retirement Plan
 

Bayer Corporation

87 Plan:

 
 
87
11
75
90
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 (87) and the top rated plan (90) could equate to:
[How is this calculated?]
2 additional years of work
Up to $87,000 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

Bayer Corporation Savings and Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 87, 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. Bayer Corporation Savings and Retirement Plan currently has over 20,500 active participants and over $3.3B in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
36
Plan Average: 24
Top 3 Funds in this 401k
1. Vanguard Institutional Index 17%
2. Vanguard Total Bond Market Index 9%
3. Vanguard Wellington 7%

 Retirement Plan Details

Address 100 Bayer Road
Pittsburgh, PA 15205-9741 
Industry Manufacturing
Administrator Claus Fey
Net Plan Assets $3,340,000,000
Total Participants 21,000
Avg Account Balance $170,000

 Compare Other Companies in Peer Group

Amgen 89.6
sanofi-aventis US LLC 87.7
Bristol-Myers Squibb Company 87.0
BASF 86.6
Merck & Co. 83.8
Eli Lilly and Company 82.8

  Plan Service Providers

Investment Adviser Vanguard Group
Recordkeeper Vanguard Group
Auditor Urish Popeck & Co., LLC

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