BrightScope Rating
Company:
Bayer Corporation
Plan:
Bayer Corporation Savings and Retirement Plan
Bayer Corporation
86
Plan:
Bayer Corporation Savings and Retirement Plan
6
59
91
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 (86) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $291,200 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
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 86, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Salary Deferrals, Participation Rate, Total Plan Cost, and Account Balances. Bayer Corporation Savings and Retirement Plan currently has over 13,700 active participants and over $2.2B in plan assets.
Plan Details
| Address | 100 Bayer Road Pittsburgh, PA 15205 |
| Industry | Pharmaceutical & Medicine Mfg |
| Administrator | Claus Fey |
| Net Plan Assets | $2,270,000,000 |
| Total Participants | 21,000 |
| Avg Account Balance | $110,000 |
Top 3 Investment Holdings
| 1. | Vanguard Institutional Index | 22% |
| 2. | Vanguard Windsor | 8% |
| 3. | Vanguard Wellington | 7% |
Other Companies in Peer Group
| Novartis Pharmaceuticals | 84.1 |
| Sanofi-Aventis US LLC | 83.8 |
| PPG Industries | 74.5 |
| Monsanto Company | 72.9 |
| International Paper Company | 63.2 |
| Georgia-Pacific | 58.5 |
Plan Service Providers
| Insurance Carrier | Hartford |
| Auditor | Urish Popeck & Co., LLC |
| Recordkeeper | Vanguard |
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