BrightScope Rating
Company:
Kraft Foods Global, Inc.
Plan:
Kraft Foods Global, Inc. Thrift Plan
Kraft Foods Global, Inc.
70
Plan:
6
59
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 21 point difference between this plan's BrightScope Rating (70) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $269,100 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
Kraft Foods Global, Inc. Thrift Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 70, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Total Plan Cost and Account Balances. Kraft Foods Global, Inc. Thrift Plan currently has over 33,100 active participants and over $5.5B in plan assets.
Plan Details
| Address | 3 Lakes Dr Nf33 Northfield, IL 60093 |
| Industry | Grocery & Related Products Wholesale |
| Administrator | Jill M. Smith |
| Net Plan Assets | $5,590,000,000 |
| Total Participants | 47,000 |
| Avg Account Balance | $120,000 |
Top 3 Investment Holdings
| 1. | Altria Stock Fund | 21% |
| 2. | Kraft Interest Income Fund | 17% |
| 3. | Kraft Large Cap Equity Index Fund | 13% |
Other Companies in Peer Group
| Nike | 72.4 |
| McKesson | 70.3 |
| Cargill | 67.3 |
| Wolseley Investments | 63.7 |
| Sysco | 60.2 |
| U.S. Foodservice | 59.6 |
Plan Service Providers
| Auditor | PricewaterhouseCoopers |
| Recordkeeper | Hewitt Associates |
| Consultant | Financial Engines |
| Corporate Trustee | State Street Bank and Trust Company |
| Consultant | Roc Group |
| Legal Counsel | Mayer, Brown, Rowe & Maw |
Comments