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Company:
OfficeMax Incorporated
Plan:
OfficeMax Savings Plan
 

OfficeMax Incorporated

54 Plan:

 
 
54
32
53
85
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (54) and the top rated plan (85) could equate to:
[How is this calculated?]
15 additional years of work
Up to $175,300 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

OfficeMax Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 54. This plan is in the top 15% of plans for Total Plan Cost. OfficeMax Savings Plan currently has over 19,900 active participants and over $462.0M in plan assets.


 Investment Menu Statistics

No. of Investment Options
11
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Vanguard Retirement Savings Trust 30%
2. Vanguard 500 Index 17%
3. Vanguard Small Cap Index 7%

 Retirement Plan Details

Address 263 Shuman Blvd.
Naperville, IL 60563 
Industry Office Supplies and Stationery Stores
Administrator Jill M. Chapman
Sponsor David Halleck
Net Plan Assets $462,000,000
Total Participants 20,000
Avg Account Balance $52,000

  Plan Service Providers

Investment Adviser Vanguard Group
Recordkeeper Vanguard Group
Consultant Vanguard Group
Legal Counsel McDermott Will & Emery
Auditor Kpmg, LLP