BrightScope Rating
Company:
Danaher Corporation
Plan:
Danaher Corporation & Subsidiaries Savings Plan
Danaher Corporation
70
Plan:
6
60
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 20 point difference between this plan's BrightScope Rating (70) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $271,100 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
Danaher Corporation & Subsidiaries Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 70. This plan is in the top 15% of plans for Company Generosity, Total Plan Cost, and Investment Menu Quality. Danaher Corporation & Subsidiaries Savings Plan currently has over 19,500 active participants and over $1.1B in plan assets.
Plan Details
| Address | 2099 Pennsylvania Ave Nw 12Th Floor Washington, DC 20006 |
| Industry | Other Electrical Equipment & Component Mfg |
| Administrator | Constance Barber, Danaher Corp |
| Net Plan Assets | $1,160,000,000 |
| Total Participants | 26,000 |
| Avg Account Balance | $45,000 |
Top 3 Investment Holdings
| 1. | Danaher Corporation Common Stock | 16% |
| 2. | Fidelity Managed Income Portfolio II | 13% |
| 3. | Fidelity Magellan | 9% |
Other Companies in Peer Group
| Nucor | 85.0 |
| General Dynamics | 78.6 |
| ITT | 76.0 |
| Nissan North America | 72.8 |
| Alliant Techsystems | 70.4 |
| Honda of America Mfg. | 67.4 |
Plan Service Providers
| Auditor | Ernst & Young |
| Recordkeeper | Fidelity |
| Legal Counsel | Benefits Law Group |
| Consultant | Mercer |
| Legal Counsel | Parker, Hudson, Rainer & Dobbs LLP |
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