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Company:
International Business Machines Corporation
Plan:
IBM 401k Plus Plan
 

International Business Machines Corporation

87 Plan:

 
 
87
38
67
93
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (87) and the top rated plan (93) could equate to:
[How is this calculated?]
6 additional years of work
Up to $55,200 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, Salary Deferral, and Total Plan Cost. IBM 401k Plus Plan currently has over 195,200 active participants and over $48.8B in plan assets.


 Investment Menu Statistics

No. of Investment Options
28
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Total Guaranteed Investment Contracts 21%
2. Vanguard Employee Benefit Index Fund 11%
3. IBM Mutual Fund Window 11%

 Retirement Plan Details

Address New Orchard Road, Md 261
Armonk, NY 10504 
Industry Other Computer Related Services
Administrator Richard Carroll
Net Plan Assets $48,800,000,000
Total Participants 200,000
Avg Account Balance $250,000

 
Plan Service Providers

Insurance Carrier Various
Insurance Carrier Prudential
Recordkeeper Fidelity Investments
Recordkeeper BlackRock, Inc.
Administration IBM Corporation
Investment Adviser Financial Engines
Consultant Buck Consultants, Inc.
Legal Counsel Covington & Burling
Consultant Mercer (Marsh & McLennan)
Consultant Towers Watson
Legal Counsel Ivins, Philips and Barker
Auditor PricewaterhouseCoopers LLP