BrightScope Rating
Company:
IBM (International Business Machines)
Plan:
IBM 401k Plus Plan
IBM (International Business Machines)
81
Plan:
IBM 401k Plus Plan
5
66
95
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (81) and the top rated plan (95) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $352,900 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
IBM 401k Plus 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 Salary Deferrals, Total Plan Cost, and Account Balances. IBM 401k Plus Plan currently has over 126,100 active participants and over $32.8B in plan assets.
Plan Details
| Address | New Orchard Road, Md 261 Armonk, NY 10504 |
| Industry | Other Computer Related Services |
| Administrator | Richard J. Carroll |
| Net Plan Assets | $32,900,000,000 |
| Total Participants | 220,000 |
| Avg Account Balance | $150,000 |
Top 3 Investment Holdings
| 1. | Stable Value Fund | 29% |
| 2. | Vanguard Large Company Index | 10% |
| 3. | Vanguard Total Stock Market Index | 7% |
Other Companies in Peer Group
| SAIC | 78.2 |
| UnitedHealth Group | 66.2 |
| ADP TotalSource Group | 53.2 |
| ADP TotalSource Group | 53.1 |
| Adecco | 43.3 |
| Allegis Group | 37.1 |
Plan Service Providers
| Insurance Carrier | MassMutual Life |
| Auditor | PricewaterhouseCoopers |
| Recordkeeper | Hewitt Associates |
| Investment Adviser | Pimco |
| Consultant | Financial Engines |
| Corporate Trustee | State Street |
| Consultant | Frank Russell Company, Inc. |
| Legal Counsel | William Blair |
| Consultant | Cem Liability |
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