BrightScope Rating
Company:
Motorola, Inc.
Plan:
Motorola, Inc. 401k Plan
Motorola, Inc.
79
Plan:
Motorola, Inc. 401k Plan
7
60
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (79) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $328,700 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
Motorola, Inc. 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Salary Deferrals, Total Plan Cost, and Account Balances. Motorola, Inc. 401k Plan currently has over 30,900 active participants and over $6.0B in plan assets.
Plan Details
| Address | 1303 E Algonquin Rd Schaumburg, IL 60196 |
| Industry | Communications Equipment Mfg |
| Administrator | Sheila A Forsberg |
| Net Plan Assets | $6,010,000,000 |
| Total Participants | 51,000 |
| Avg Account Balance | $120,000 |
Top 3 Investment Holdings
| 1. | Northern Trust S&P 500 Index | 33% |
| 2. | Northern Trust Aggregate Bond Index | 17% |
| 3. | Northern Trust EAFE Index | 16% |
Other Companies in Peer Group
| Johnson & Johnson | 82.6 |
| Caterpillar | 80.9 |
| Ford Motor Company | 76.3 |
| General Motors | 73.2 |
| L-3 Communications Holdings | 72.3 |
| 3M Company | 72.3 |
Plan Service Providers
| Insurance Carrier | CUNA Mutual Group |
| Auditor | Crowe Horwath |
| Recordkeeper | Hewitt Associates |
| Consultant | Financial Engine Advisors |
| Corporate Trustee | Northern Trust |
| Consultant | Consulting Fiduciaries, Inc. |
| Consultant | Cost Effectiveness Management Inc. |
| Insurance Advisor/Broker | The Nutter Group Inc |
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