BrightScope Rating
Company:
McKesson Corporation
Plan:
McKesson Profit Sharing Investment Plan
McKesson Corporation
73
Plan:
McKesson Profit Sharing Investment Plan
6
59
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (73) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
11 additional years of work Up to $307,400 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
McKesson Profit Sharing Investment Plan is a defined contribution plan with a profit-sharing component, 401k feature, and leveraged ESOP component. This plan has a BrightScope Rating of 73, 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 Investment Menu Quality. McKesson Profit Sharing Investment Plan currently has over 27,800 active participants and over $1.3B in plan assets.
Plan Details
| Address | One Post Street, 30Th Floor San Francisco, CA 94104 |
| Industry | Wholesale of Drugs & Druggists' Sundries |
| Administrator | Jerry D. Warren |
| Net Plan Assets | $1,300,000,000 |
| Total Participants | 36,000 |
| Avg Account Balance | $36,000 |
Top 3 Investment Holdings
| 1. | McKesson Corporation Common Stock | 31% |
| 2. | SSgA S&P 500 Index Fund | 9% |
| 3. | Dodge & Cox Stock | 7% |
Other Companies in Peer Group
| Nike | 72.4 |
| Wolseley Investments | 65.2 |
| U.S. Foodservice | 61.5 |
| IKON Office Solutions | 60.6 |
| Wolseley Investments | 58.7 |
| Genuine Parts Company | 56.1 |
Plan Service Providers
| Insurance Carrier | Metropolitan Life |
| Auditor | Deloitte & Touche |
| Recordkeeper | Fidelity |
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