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Company:
U.S. Bancorp
Plan:
U.S. Bank 401k Savings Plan
 

U.S. Bancorp

70 Plan:

 
 
70
41
68
88
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 (70) and the top rated plan (88) could equate to:
[How is this calculated?]
11 additional years of work
Up to $105,800 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

U.S. Bank 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 70. This plan is in the top 15% of plans for Total Plan Cost. U.S. Bank 401k Savings Plan currently has over 73,300 active participants and over $3.4B in plan assets.

 

 Retirement Plan Details

Address 4000 West Broadway Avenue
Robbinsdale, MN 55422 
Industry Commercial Banking
Administrator Barbara Smith
Net Plan Assets $3,400,000,000
Total Participants 73,000
Avg Account Balance $46,000

 Top 3 Funds in this 401k

1. US Bancorp Common Stock 32%
2. PIMCO Total Return 7%
3. Vanguard Institutional Index 5%

  Plan Service Providers

Insurance Carrier MetLife
Insurance Carrier Northwestern Mutual
Recordkeeper Aon Hewitt EnnisKnupp
Investment Adviser State Street Global Advisors
Corporate Trustee US Bank
Investment Adviser Towers Watson
Legal Counsel Dorsey & Whitney
Auditor Ernst & Young

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