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

IBM (International Business Machines)

87 Plan:

 
 
87
51
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?]
3 additional years of work
Up to $95,300 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.

 

Retirement Plan Description

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, Investment Menu Quality, Salary Deferral, and Total Plan Cost. IBM 401k Plus Plan currently has over 203,800 active participants and over $37.6B in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
26
Plan Average: 24
Top 3 Funds in this 401k
1. Total Guaranteed Investment Contracts 28%
2. Vanguard Employee Benefit Index Fund 10%
3. IBM Mutual Fund Window 9%

 Retirement Plan Details

Address New Orchard Road, Md 261
Armonk, NY 10504 
Industry Other Computer Related Services
Administrator Richard Carroll
Net Plan Assets $37,600,000,000
Total Participants 200,000
Avg Account Balance $190,000

 Compare Other Companies in Peer Group

Verizon Communications 84.4
Fmr LLC 83.3
Oracle 82.9
Wells Fargo & Company 77.9
JPMorgan Chase & Co. 70.0
AT&T 61.6

  Plan Service Providers

Insurance Carrier MetLife
Insurance Carrier Prudential
Insurance Carrier Great-West Life
Recordkeeper BlackRock, Inc.
Investment Adviser Financial Engines
Administration IBM Corporation
Legal Counsel Covington & Burling
Consultant Buck Consultants, Inc.
Consultant Towers Watson
Consultant Russell Investments
Legal Counsel Jackson Lewis LLP
Auditor PricewaterhouseCoopers LLP

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