Merrill Lynch & Co., Inc.
62
Plan:
41
70
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 26 point difference between this plan's BrightScope Rating (62) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
13 additional years of work Up to $178,700 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
Merrill Lynch & Co., Inc. Retirement Accumulation Plan is a defined contribution plan with a profit-sharing component and ESOP component. This plan has a BrightScope Rating of 62. This plan is in the top 15% of plans for Company Generosity and Total Plan Cost. Merrill Lynch & Co., Inc. Retirement Accumulation Plan currently has over 49,000 active participants and over $1.9B in plan assets.
Retirement Plan Details
| Address |
111 Westminster St., Ri1-102-04-05
Providence, RI 02903 |
| Industry | Investment Banking and Securities Dealing |
| Administrator | Susan E. Kelly |
| Net Plan Assets | $1,900,000,000 |
| Total Participants | 49,000 |
| Avg Account Balance | $42,000 |
Compare Other Companies in Peer Group
| Credit Suisse Securities USA LLC | 88.4 |
| The Charles Schwab | 83.4 |
| Ubs Financial Services | 81.3 |
| RBC USA Holding | 78.1 |
| Edward D. Jones & Co. | 75.7 |
| Wells Fargo & Company | 49.8 |
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