Baker Hughes Incorporated
79
Plan:
Baker Hughes Incorporated Thrift Plan
43
91
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100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (79) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
9 additional years of work Up to $87,600 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
Baker Hughes Incorporated Thrift Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Total Plan Cost. Baker Hughes Incorporated Thrift Plan currently has over 25,100 active participants and over $2.2B in plan assets.
Retirement Plan Details
| Address |
P.O. Box 4740
Houston, TX 77210-4740 |
| Industry | Mining, Quarrying, and Oil and Gas Extraction |
| Administrator | Daniel O. Webber |
| Net Plan Assets | $2,180,000,000 |
| Total Participants | 25,000 |
| Avg Account Balance | $87,000 |
Compare Other Companies in Peer Group
| Saudi Arabian Oil Company | 90.8 |
| Anadarko Petroleum | 86.6 |
| Devon Energy | 85.0 |
| Occidental Petroleum | 83.3 |
| Smith International | 73.8 |
| Weatherford International Ltd. | 72.6 |
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