IBM 401k Plus Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. 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 Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. IBM 401k Plus Plan currently has over 200,500 active participants and over $47.1B in plan assets.
|1.||Total Guaranteed Investment Contracts||22%|
|2.||Vanguard Employee Benefit Index Fund||11%|
|3.||IBM Mutual Fund Window||11%|
New Orchard Road, Md 261
Armonk, NY 10504
|Industry||Other Computer Related Services|
|Net Plan Assets||$47,100,000,000|
|Avg Account Balance||$240,000|
|Wells Fargo & Company||78.7|
|Bank of America||78.0|
|JPMorgan Chase Bank, National...||70.9|
|Insurance Carrier||Great-West Life|
|Investment Adviser||Financial Engines|
|Legal Counsel||Ivins, Philips and Barker|
|Consultant||Buck Consultants, Inc.|
|Consultant||Mercer (Marsh & McLennan)|
|Legal Counsel||Paul, Hasting, Janofsky & Walker|
|Legal Counsel||Winston and Strawn LLP|
Information is provided 'as is' and solely for informational purposes, not for investment purposes or advice.
BrightScope is not a fiduciary under ERISA. BrightScope is not endorsed by or affiliated with FINRA.