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

Bayer Corporation

88 Plan: Bayer Corporation Savings and Retirement Plan

 
 
88
43
77
89
0
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100
For the average 401k participant, the 1 point difference between this plan's BrightScope Rating (88) and the top rated plan (89) could equate to:
[How is this calculated?]
1 additional year of work
Up to $25,500 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 88, 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. Bayer Corporation Savings and Retirement Plan currently has over 21,700 active participants and over $4.7B in plan assets.


 Investment Menu Statistics

No. of Investment Options
28
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Vanguard Institutional Index 17%
2. Vanguard Total Bond Market Index 7%
3. Vanguard Wellington 7%

 
Plan Component Ratings

 Retirement Plan Details

Address 100 Bayer Road
Pittsburgh, PA 15205-9741 
Industry Manufacturing
Administrator Michael Russo
Net Plan Assets $4,700,000,000
Total Participants 22,000
Avg Account Balance $220,000

 Compare Other Companies in Peer Group

Amgen 89.0
Phillips 66 Company 87.6
sanofi-aventis US LLC 87.2
Bristol-Myers Squibb Company 86.6
Genentech 86.2
BASF 86.0

  Plan Service Providers

Auditor Urish Popeck & Co., LLC
Investment Adviser Vanguard Group
Recordkeeper Vanguard Group
Insurance Carrier New York Life
Insurance Carrier Great-West Life