Newmont Mining Corporation
80
Plan:
21
74
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (80) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $67,300 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
Retirement Savings Plan of Newmont is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 80. This plan is in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, Salary Deferral, and Total Plan Cost. Retirement Savings Plan of Newmont currently has over 3,700 active participants and over $366.5M in plan assets.
Retirement Plan Details
| Address |
6363 South Fiddlers Green Circle
Greenwood Village, CO 80111 |
| Industry | Mining, Quarrying, and Oil and Gas Extraction |
| Administrator | David Ottewell |
| Net Plan Assets | $367,000,000 |
| Total Participants | 3,800 |
| Avg Account Balance | $97,000 |
Compare Other Companies in Peer Group
| Patriot Coal | 82.0 |
| Tiller | 73.6 |
| Fairmount Minerals, Ltd. | 71.6 |
| Alpha Natural Resources, LLC | 69.2 |
| Hoover | 56.5 |
| Appalachia Holding Company | 55.4 |
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