BrightScope Rating
Company:
Sears, Roebuck and Co.
Plan:
Sears Holdings 401k Savings Plan
Sears, Roebuck and Co.
50
Plan:
14
53
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 37 point difference between this plan's BrightScope Rating (50) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
18 additional years of work Up to $172,100 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
Sears Holdings 401k Savings Plan is a defined contribution plan with a profit-sharing component, stock bonus component, 401k feature, ESOP component, and leveraged ESOP component. This plan has a BrightScope Rating of 50. This plan is in the top 15% of plans for Total Plan Cost. Sears Holdings 401k Savings Plan currently has over 333,800 active participants and over $4.0B in plan assets.
Plan Details
| Address | 3333 Beverly Road Hoffman Estates, IL 60179 |
| Industry | Other General Merchandise Stores |
| Administrator | Colleen Helker-Mbr, Admin Committee |
| Net Plan Assets | $4,000,000,000 |
| Total Participants | 390,000 |
| Avg Account Balance | $10,000 |
Top 3 Investment Holdings
| 1. | SSgA S&P 500 Index Fund | 14% |
| 2. | SSgA Target Retirement 2020 | 11% |
| 3. | SSgA Target Retirement 2010 | 8% |
Other Companies in Peer Group
| Lifetouch | 66.6 |
| Costco Wholesale | 61.9 |
| Target | 58.2 |
| Nordstrom | 57.1 |
| J.C. Penney Corporation | 56.5 |
| Macy's | 55.4 |
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