BrightScope Rating
Company:
QUALCOMM Incorporated
Plan:
QUALCOMM Incorporated Employee Savings And Retirement Plan
QUALCOMM Incorporated
81
Plan:
QUALCOMM Incorporated Employee Savings And Retirement Plan
15
63
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (81) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $379,800 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
QUALCOMM Incorporated Employee Savings And Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 81, 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, Total Plan Cost, Investment Menu Quality, and Account Balances. QUALCOMM Incorporated Employee Savings And Retirement Plan currently has over 12,400 active participants and over $831.6M in plan assets.
Plan Details
| Address | 5775 Morehouse Drive San Diego, CA 92121 |
| Industry | Telecommunications |
| Administrator | Jessica Mize |
| Net Plan Assets | $832,000,000 |
| Total Participants | 15,000 |
| Avg Account Balance | $57,000 |
Top 3 Investment Holdings
| 1. | Vanguard Institutional Index | 20% |
| 2. | Fidelity Contrafund | 19% |
| 3. | American Funds Capital World Growth and Income | 11% |
Other Companies in Peer Group
| News Corporation | 74.4 |
| Reed Elsevier | 72.5 |
| CSC Holdings | 66.3 |
| IAC/InterActiveCorp | 64.5 |
| Clear Channel Communications | 62.3 |
| EchoStar Communications | 53.2 |
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