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
86
Plan:
Employees' Savings and Retirement Plan of Credit Suisse Securities (USA) LLC
8
64
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (86) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $233,300 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 86, 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 11,100 active participants and over $1.7B in plan assets.
Plan Details
| Address | 11 Madison Avenue, Floor 8 New York, NY 10010 |
| Industry | Investment Banking & Securities Dealing |
| Net Plan Assets | $1,740,000,000 |
| Total Participants | 20,000 |
| Avg Account Balance | $88,000 |
Top 3 Investment Holdings
| 1. | Fidelity Managed Income Portfolio | 12% |
| 2. | Vanguard Russell 3000 Index | 8% |
| 3. | Fidelity Diversified International | 5% |
Other Companies in Peer Group
| The Charles Schwab | 82.8 |
| AXA Equitable Life Insurance Company | 75.1 |
| The Bank of New York Mellon | 70.3 |
| Fifth Third Bank | 67.8 |
| Citizens Financial Group | 61.2 |
| Board of Trustees Mason Tenders'... | 45.2 |
Plan Service Providers
| Auditor | KPMG |
| Administration | Hewitt Associates |
| Legal Counsel | Shearman & Sterling |
| Investment Adviser | Buck Consultants |
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