BrightScope Rating
Company:
Credit Suisse Securities (USA), LLC
Plan:
Employees' Savings and Retirement Plan of Credit Suisse Securities (USA), LLC
Credit Suisse Securities (USA), LLC
87
Plan:
Employees' Savings and Retirement Plan of Credit Suisse Securities (USA), LLC
6
64
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?]
[How is this calculated?]
3 additional years of work Up to $150,700 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
Employees' Savings and Retirement Plan of Credit Suisse Securities (USA), LLC 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 Company Generosity, Salary Deferrals, Total Plan Cost, Investment Menu Quality, and Account Balances. Employees' Savings and Retirement Plan of Credit Suisse Securities (USA), LLC currently has over 10,700 active participants and over $2.4B in plan assets.
Plan Details
| Address | 11 Madison Ave Fl 8 New York, NY 10010 |
| Industry | Investment Banking & Securities Dealing |
| Administrator | Elizabeth Donnelly, Secretary Ebc |
| Net Plan Assets | $2,460,000,000 |
| Total Participants | 20,000 |
| Avg Account Balance | $120,000 |
Top 3 Investment Holdings
| 1. | Fidelity Managed Income Portfolio II | 12% |
| 2. | Vanguard Russell 3000 Index | 8% |
| 3. | Fidelity Diversified International | 5% |
Other Companies in Peer Group
| The Charles Schwab | 83.6 |
| Aon | 74.9 |
| The Bank of New York Mellon | 72.7 |
| Humana | 69.9 |
| The PNC Financial Services Group | 69.4 |
| Deseret Mutual Benefit Administrators | 67.0 |
Plan Service Providers
| Auditor | KPMG |
| Administration | Hewitt Associates |
| Legal Counsel | Shearman & Sterling |
| Investment Adviser | Buck Consultants |
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