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Company:
Newmont USA Limited
Plan:
Retirement Savings Plan of Newmont
 

Newmont USA Limited

80 Plan:

 
 
80
42
75
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 10 point difference between this plan's BrightScope Rating (80) and the top rated plan (90) could equate to:
[How is this calculated?]
8 additional years of work
Up to $36,200 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

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, Salary Deferral, and Total Plan Cost. Retirement Savings Plan of Newmont currently has over 3,700 active participants and over $381.4M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
27
Plan Average: 24
Top 3 Funds in this 401k
1. Newmont Mining Corporation 19%
2. Vanguard Prime Money Market 14%
3. Vanguard Institutional Index 10%

 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 $381,000,000
Total Participants 3,800
Avg Account Balance $100,000

 Compare Other Companies in Peer Group

Rio Tinto America 83.4
The North American Coal 81.2
Patriot Coal 79.7
Alliance Coal, LLC 77.4
Arch Coal 75.6
Fairmount Minerals, Ltd. 68.6

  Plan Service Providers

Recordkeeper Vanguard Group
Consultant Vanguard Group
Legal Counsel Kutack Rock, LLP
Auditor Causey Demgen & Moore Inc

 Comments