BrightScope Rating
Company:
Valero Energy Corporation
Plan:
Valero Energy Corporation Thrift Plan
Valero Energy Corporation
79
Plan:
6
59
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 12 point difference between this plan's BrightScope Rating (79) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $390,600 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
Valero Energy Corporation Thrift Plan is a defined contribution plan with a 401k feature. This plan has a BrightScope Rating of 79, 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. Valero Energy Corporation Thrift Plan currently has over 8,600 active participants and over $1.8B in plan assets.
Plan Details
| Address | PO Box 696000 San Antonio, TX 78269 |
| Industry | Petroleum Refineries |
| Administrator | Pat Haynes |
| Net Plan Assets | $1,890,000,000 |
| Total Participants | 10,000 |
| Avg Account Balance | $190,000 |
Top 3 Investment Holdings
| 1. | Valero Energy Corporation Common Stock | 48% |
| 2. | Merrill Lynch Retirement Preservation Trust | 11% |
| 3. | Self-Directed Brokerage Accounts | 8% |
Other Companies in Peer Group
| AstraZeneca Pharmaceuticals LP | 83.6 |
| BASF | 78.6 |
| Weyerhaeuser Company | 78.4 |
| Ecolab | 70.0 |
| Bridgestone Americas Holding | 67.3 |
| Saint-Gobain | 58.4 |
Comments