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

Saks Incorporated

56 Plan: Saks Incorporated 401k Retirement Plan

 
 
56
24
53
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 28 point difference between this plan's BrightScope Rating (56) and the top rated plan (84) could equate to:
[How is this calculated?]
13 additional years of work
Up to $148,300 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 56. This plan is in the top 35% of plans for Investment Menu Quality. Saks Incorporated 401k Retirement Plan currently has over 14,500 active participants and over $411.4M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
16
Plan Average: 24
Largest Funds in this 401k: based on % allocation of assets
1. Wells Fargo Stable Return Trust 26%
2. Vanguard Institutional Index 11%
3. PIMCO Total Return 10%

 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 Theresa Gladstein
Net Plan Assets $411,000,000
Total Participants 15,000
Avg Account Balance $45,000

  Plan Service Providers

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

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