BrightScope Rating
Company:
United Technologies Corporation
Plan:
United Technologies Corporation Employee Savings Plan
United Technologies Corporation
72
Plan:
6
60
90
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 (72) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
12 additional years of work Up to $285,900 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
United Technologies Corporation Employee Savings Plan is a defined contribution plan with a 401k feature, leveraged ESOP component, and profit-sharing component. This plan has a BrightScope Rating of 72, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Salary Deferrals, Total Plan Cost, and Account Balances. United Technologies Corporation Employee Savings Plan currently has over 55,200 active participants and over $11.6B in plan assets.
Plan Details
| Address | United Technologies Building Hartford, CT 06101 |
| Industry | Aerospace Product & Parts Mfg |
| Net Plan Assets | $11,700,000,000 |
| Total Participants | 91,000 |
| Avg Account Balance | $130,000 |
Top 3 Investment Holdings
| 1. | United Technologies Corporation Common Stock | 36% |
| 2. | SSgA S&P 500 Index | 7% |
| 3. | Fidelity Contrafund | 2% |
Other Companies in Peer Group
| Intel | 81.9 |
| Hewlett-Packard Inc. (HP) | 81.2 |
| General Motors | 80.3 |
| Raytheon Company | 78.3 |
| Honeywell International | 76.9 |
| Siemens | 76.1 |
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