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 195,200 active participants and over $48.3B in plan assets.
|1.||Total Guaranteed Investment Contracts||20%|
|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||$48,300,000,000|
|Avg Account Balance||$250,000|
|Bank of America||80.7|
|Wells Fargo & Company||78.6|
|JPMorgan Chase Bank||74.1|
|Investment Adviser||Financial Engines|
|Consultant||Buck Consultants, Inc.|
|Legal Counsel||Covington & Burling|
|Consultant||Mercer (Marsh & McLennan)|
|Legal Counsel||Ivins, Philips and Barker|
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.