Colgate-Palmolive Company
78
Plan:
Colgate-Palmolive Company Employees Savings and Investment Plan
47
68
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (78) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $45,000 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
Colgate-Palmolive Company Employees Savings and Investment Plan is a defined contribution plan with a profit-sharing component, stock bonus component, 401k feature, and leveraged ESOP component. This plan has a BrightScope Rating of 78. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Colgate-Palmolive Company Employees Savings and Investment Plan currently has over 7,300 active participants and over $2.5B in plan assets.
Retirement Plan Details
| Address |
300 Park Avenue
New York, NY 10022-7402 |
| Industry | Manufacturing |
| Administrator | Martin Collins |
| Sponsor | Hector Erezuma |
| Net Plan Assets | $2,490,000,000 |
| Total Participants | 7,400 |
| Avg Account Balance | $320,000 |
Compare Other Companies in Peer Group
| AstraZeneca Pharmaceuticals LP | 85.9 |
| Novo Nordisk | 84.7 |
| S.C. Johnson & Son | 84.4 |
| Merck & Co. | 83.5 |
| Unilever United States | 77.8 |
| RPM International | 72.4 |
Top 3 Funds in this 401k
| 1. | Colgate-Palmolive Company Common Stock | 69% |
| 2. | American Funds EuroPacific Growth | 4% |
| 3. | Vanguard Wellington | 3% |
Plan Service Providers
| Insurance Carrier | Retirement Services |
| Insurance Carrier | ING |
| Insurance Carrier | Natixis Asset Management Advisors, L.P. |
| Insurance Carrier | State Street Global Advisors |
| Consultant | Towers Watson |
| Recordkeeper | Mercer |
| Recordkeeper | Ernst & Young |
| Legal Counsel | McDermott Will & Emery |
| Administration | Colgate Pat-Molive |
| Legal Counsel | Groom Law Group Chartered |
| Auditor | Grant Thornton LLP |
Comments