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Company:
MeadWestvaco Corporation
Plan:
MeadWestvaco Corporation Savings & Employee Stock Ownership Plan for Salaried and Non-Bargained Hourly Employees
 

MeadWestvaco Corporation

79 Plan:

 
 
79
11
72
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (79) and the top rated plan (89) could equate to:
[How is this calculated?]
8 additional years of work
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

MeadWestvaco Corporation Savings & Employee Stock Ownership Plan for Salaried and Non-Bargained Hourly Employees is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. MeadWestvaco Corporation Savings & Employee Stock Ownership Plan for Salaried and Non-Bargained Hourly Employees currently has over 8,300 active participants and over $665.6M in plan assets.

 

 Retirement Plan Details

Address 501 South 5th Street
Richmond, VA 23219-0501 
Industry Manufacturing
Administrator Eric Lancellotti
Net Plan Assets $666,000,000
Total Participants 8,400
Avg Account Balance $80,000

 Compare Other Companies in Peer Group

RockTenn CP, LLC 76.3
NewPage 76.0
TIN 74.3
Avery Dennison 74.3
Sonoco Products Company 64.7
Weyerhaeuser Company 60.7

 Top 3 Funds in this 401k

1. MeadWestvaco Corp. Common Stock 29%
2. Northern Trust Short Term Investment 17%
3. Dodge & Cox Stock 11%

  Plan Service Provider

Auditor BDO Seidman, LLP

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