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Company:
Philip Morris USA, Inc.
Plan:
Deferred Profit-Sharing for Hourly Employees
 

Philip Morris USA, Inc.

83 Plan:

 
 
83
10
67
86
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 3 point difference between this plan's BrightScope Rating (83) and the top rated plan (86) could equate to:
[How is this calculated?]
Up to $59,800 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

Deferred Profit-Sharing for Hourly Employees is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 83, 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, Participation Rate, and Total Plan Cost. Deferred Profit-Sharing for Hourly Employees currently has over 4,800 active participants and over $1.1B in plan assets.

 

 Retirement Plan Details

Address P. O. Box 26603
Richmond, VA 23261-6603 
Industry Manufacturing
Administrator Sidney Spencer
Net Plan Assets $1,130,000,000
Total Participants 4,900
Avg Account Balance $240,000

 Top 3 Funds in this 401k

1. Altria Group, Inc. Common Stock 23%
2. Philip Morris International Inc. Common Stock 21%
3. Northern Trust S&P 500 Index 10%

  Plan Service Provider

Auditor PricewaterhouseCoopers LLP

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