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Company:
Saks Incorporated
Plan:
Saks Incorporated 401k Retirement Plan
 

Saks Incorporated

52 Plan: Saks Incorporated 401k Retirement Plan

 
 
52
34
57
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (52) and the top rated plan (84) could equate to:
[How is this calculated?]
14 additional years of work
Up to $150,300 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.

 

Retirement Plan Description

Saks Incorporated 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 52. Saks Incorporated 401k Retirement Plan currently has over 13,900 active participants and over $423.8M in plan assets.

 

 Retirement Plan Details

Address 12 East 49th Street, 4th Floor
Attn Benefits Department - Hr
New York, NY 10017 
Industry Retail Trade
Administrator Michael Vincent
Sponsor Celeste L. Tate
Net Plan Assets $424,000,000
Total Participants 14,000
Avg Account Balance $30,000

 Compare Other Companies in Peer Group

The Bon-Ton Stores 52.0
Barneys 51.9
Lord & Taylor LLC 51.5
Stein Mart 50.4
Belk Stores Services 49.7
Variety Wholesalers 34.1

 Top 3 Funds in this 401k

1. Wells Fargo Stable Return Trust 25%
2. Vanguard Institutional Index 11%
3. Neuberger Berman Partners 10%

  Plan Service Providers

Auditor PricewaterhouseCoopers LLP
Investment Adviser Aon Hewitt EnnisKnupp
Investment Adviser Stadion Money Management
Corporate Trustee Wells Fargo (Wachovia)
Recordkeeper Wells Fargo (Wachovia)
Legal Counsel McDermott Will & Emery

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