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Company:
Baker Hughes Incorporated
Plan:
Baker Hughes Prior Pension Plan
 

Baker Hughes Incorporated

29 Plan: Baker Hughes Prior Pension Plan

 
 
29
27
72
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 62 point difference between this plan's BrightScope Rating (29) and the top rated plan (91) could equate to:
[How is this calculated?]
30 additional years of work
Up to $467,900 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.

 

Retirement Plan Description

Baker Hughes Prior Pension Plan is a defined contribution plan. This plan has a BrightScope Rating of 29. This plan is in the top 35% of plans for Participation Rate. Baker Hughes Prior Pension Plan currently has over 600 active participants and over $5.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
8
Plan Average: 24
Top 3 Funds in this 401k
1. Baker Hughes Stable Value Fund 45%
2. Baker Hughes Large Cap Value Equity Fund 18%
3. Baker Hughes Small Cap Equity Fund 13%

 
Plan Component Ratings

 Retirement Plan Details

Address P.O. Box 4740
Houston, TX 77210-4740 
Industry Mining, Quarrying, and Oil and Gas Extraction
Administrator Daniel O. Webber
Net Plan Assets $5,590,000
Total Participants 610
Avg Account Balance $9,600

 Compare Other Companies in Peer Group

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DHS Drilling Company 48.7
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  Plan Service Providers

Consultant Deloitte & Touche, LLP
Recordkeeper Aon Hewitt EnnisKnupp
Corporate Trustee Northern Trust
Legal Counsel Fulbright & Jaworiski, LLP
Auditor Deloitte & Touche, LLP

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