BrightScope Rating
Company:
Amgen Inc.
Plan:
Amgen Retirement and Savings Plan
Amgen Inc.
87
Plan:
Amgen Retirement and Savings Plan
6
59
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (87) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $244,300 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.
Plan Description
Amgen Retirement and Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 87, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Salary Deferrals, Participation Rate, Total Plan Cost, and Account Balances. Amgen Retirement and Savings Plan currently has over 11,700 active participants and over $1.4B in plan assets.
Plan Details
| Address | One Amgen Center Drive, Ms 37-1-C Thousand Oaks, CA 91320 |
| Industry | Pharmaceutical & Medicine Mfg |
| Administrator | Greg Comeaux |
| Net Plan Assets | $1,430,000,000 |
| Total Participants | 16,000 |
| Avg Account Balance | $91,000 |
Top 3 Investment Holdings
| 1. | Fidelity Spartan 500 Index | 14% |
| 2. | Fidelity Contrafund | 10% |
| 3. | Neuberger Berman Genesis | 7% |
Other Companies in Peer Group
| Pfizer | 85.6 |
| AstraZeneca Pharmaceuticals LP | 83.6 |
| Marathon Oil Company | 79.5 |
| Valero Energy | 79.0 |
| BASF | 78.6 |
| Bridgestone Americas Holding | 67.3 |
Comments