BrightScope Rating
Company:
Kraft Foods Global, Inc.
Plan:
Kraft Foods Global, Inc. Thrift Plan
Kraft Foods Global, Inc.
72
Plan:
6
59
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (72) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $288,100 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 72, 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 31,500 active participants and over $4.1B in plan assets.
Plan Details
| Address | Three Lakes Drive - Nf33 Northfield, IL 60093 |
| Industry | Grocery & Related Products Wholesale |
| Net Plan Assets | $4,150,000,000 |
| Total Participants | 46,000 |
| Avg Account Balance | $91,000 |
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
| McKesson | 73.4 |
| Nike | 72.1 |
| Cargill | 70.3 |
| Wolseley Investments | 65.2 |
| Sysco | 60.3 |
| Genuine Parts Company | 56.1 |
Plan Service Providers
| Auditor | PricewaterhouseCoopers |
| Recordkeeper | Hewitt Associates |
| Corporate Trustee | State Street Bank and Trust Company |
| Consultant | Financial Engines |
| Legal Counsel | Mayer, Brown, Rowe & Maw |
| Consultant | Roc Group |
| Consultant | Roc Group |
| Legal Counsel | Mayer, Brown, Rowe & Maw |
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