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Company:
IBM (International Business Machines)
Plan:
IBM 401k Plus Plan
 

IBM (International Business Machines)

85 Plan: IBM 401k Plus Plan

 
 
85
5
67
92
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (85) and the top rated plan (92) could equate to:
[How is this calculated?]
7 additional years of work
Up to $427,500 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.

 

 Comments

Plan Description

IBM 401k Plus Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 85, 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, and Account Balances. IBM 401k Plus Plan currently has over 121,600 active participants and over $24.8B in plan assets.

 Plan Details

AddressNew Orchard Road, Md 261
Armonk, NY 10504
IndustryOther Computer Related Services
AdministratorRichard J. Carroll
Net Plan Assets$24,900,000,000
Total Participants220,000
Avg Account Balance$110,000

 Top 3 Investment Holdings

1. Vague Stable Value Fund 29%
2. Vanguard Large Company Index 10%
3. Vanguard Total Stock Market Index 7%

 Other Companies in Peer Group

SAIC 75.0
Deloitte LLP 74.4
UnitedHealth Group 67.9
ADP TotalSource Group 53.1
ADP TotalSource Group 52.8
Allegis Group 37.2

 Plan Service Providers

Insurance Carrier Metropolitan Life
Auditor PricewaterhouseCoopers
Recordkeeper Fidelity
Investment Adviser Pimco
Corporate Trustee State Street
Administration International Business Machines
Consultant Financial Engines
Recordkeeper Hewitt Associates
Consultant Frank Russell Company, Inc.
Consultant Cem Liability
Legal Counsel Covington and Burling

 Plan Data Vault

Plan Data Vault

Please visit the vault to keep your 401k plan information accurate and up-to-date.