BrightScope Rating
Company:
L.L. Bean, Inc.
Plan:
L.L. Bean 401k Retirement Savings/Deferred Profit Sharing Plan
L.L. Bean, Inc.
55
Plan:
L.L. Bean 401k Retirement Savings/Deferred Profit Sharing Plan
8
53
80
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 25 point difference between this plan's BrightScope Rating (55) and the top rated plan (80) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $192,100 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
L.L. Bean 401k Retirement Savings/Deferred Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 55. This plan is in the top 35% of plans for Total Plan Cost and Account Balances. L.L. Bean 401k Retirement Savings/Deferred Profit Sharing Plan currently has over 9,100 active participants and over $188.6M in plan assets.
Plan Details
| Address | 15 Casco Street Freeport, ME 04033 |
| Industry | Electronic Shopping & Mail-Order Houses |
| Administrator | Andy Beahm |
| Net Plan Assets | $189,000,000 |
| Total Participants | 10,000 |
| Avg Account Balance | $19,000 |
Other Companies in Peer Group
| Recreational Equipment | 53.9 |
| Cabela's | 50.1 |
| Lord & Taylor LLC | 49.7 |
| Borders Group | 48.7 |
| Jo-Ann Stores | 45.0 |
| Dollar Tree | 43.0 |
Plan Service Providers
| Auditor | PricewaterhouseCoopers |
| Legal Counsel | Verrill & Dana |
| Recordkeeper | Fidelity |
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