CVS Caremark Corporation
65
Plan:
36
55
79
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (65) and the top rated plan (79) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $86,600 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
The 401k Plan and the Employee Stock Ownership Plan of CVS Caremark Corporation and Affiliated Companies is a defined contribution plan with a profit-sharing component, stock bonus component, 401k feature, and leveraged ESOP component. This plan has a BrightScope Rating of 65, 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. The 401k Plan and the Employee Stock Ownership Plan of CVS Caremark Corporation and Affiliated Companies currently has over 141,300 active participants and over $4.7B in plan assets.
Retirement Plan Details
| Address |
One Cvs Drive
Woonsocket, RI 02895 |
| Industry | Pharmacies and Drug Stores |
| Administrator | Nancy G. Gerseny |
| Net Plan Assets | $4,710,000,000 |
| Total Participants | 140,000 |
| Avg Account Balance | $34,000 |
Compare Other Companies in Peer Group
| Walgreen Co. | 71.4 |
| Publix Super Markets | 61.3 |
| SuperValu | 59.8 |
| Starbucks | 48.8 |
| Safeway | 48.5 |
| The Kroger Co. | 46.4 |
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