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Company:
Millennium Pharmaceuticals, Inc.
Plan:
Millennium Pharmaceuticals, Inc. 401k Plan and Trust
 

Millennium Pharmaceuticals, Inc.

87 Plan: Millennium Pharmaceuticals, Inc. 401k Plan and Trust

 
 
87
11
75
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 3 point difference between this plan's BrightScope Rating (87) and the top rated plan (90) could equate to:
[How is this calculated?]
2 additional years of work
Up to $59,600 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

Millennium Pharmaceuticals, Inc. 401k Plan and Trust is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 87, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, and Salary Deferral. Millennium Pharmaceuticals, Inc. 401k Plan and Trust currently has over 2,200 active participants and over $203.3M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
26
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Vanguard Prime Money Market 14%
2. Fidelity Contrafund 13%
3. PIMCO Total Return 10%

 Retirement Plan Details

Address 40 Landsdowne Street
Cambridge, MA 02139 
Industry Manufacturing
Administrator Todd Shegog
Net Plan Assets $203,000,000
Total Participants 2,200
Avg Account Balance $94,000

  Plan Service Providers

Consultant New England Pension Consultants (NEPC)
Auditor KPMG, Llp

 Comments