Sears, Roebuck and Co.
48
Plan:
37
55
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 36 point difference between this plan's BrightScope Rating (48) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
17 additional years of work Up to $174,200 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
Sears Holdings 401k Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 48. This plan is in the top 15% of plans for Total Plan Cost. Sears Holdings 401k Savings Plan currently has over 278,800 active participants and over $3.3B in plan assets.
Retirement Plan Details
| Address |
3333 Beverly Road
Department 707ben, A4-185a Hoffman Estates, IL 60179 |
| Industry | Retail Trade |
| Administrator | Robert Lyter-Director of Benefits |
| Net Plan Assets | $3,290,000,000 |
| Total Participants | 280,000 |
| Avg Account Balance | $12,000 |
Compare Other Companies in Peer Group
| Costco Wholesale | 65.5 |
| Nordstrom | 61.1 |
| Target | 60.6 |
| J.C. Penney Corporation | 52.6 |
| Macy's | 49.3 |
| Dollar General | 40.3 |
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