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Company:
Carnegie Mellon University
Plan:
Carnegie Mellon University Faculty and Staff Retirement Plan
 

Carnegie Mellon University

59 Plan:

 
 
59
48
73
86
0
10
20
30
40
50
60
70
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90
100
For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (59) and the top rated plan (86) could equate to:
[How is this calculated?]
14 additional years of work
Up to $163,800 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

Carnegie Mellon University Faculty and Staff Retirement Plan is a defined contribution plan. This plan has a BrightScope Rating of 59. This plan is in the top 15% of plans for Total Plan Cost. Carnegie Mellon University Faculty and Staff Retirement Plan currently has over 11,000 active participants and over $688.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
115
Plan Average: 24
Top 3 Funds in this 403b
1. TIAA-CREF Traditional Annuity 29%
2. TIAA-CREF Stock 24%
3. TIAA-CREF Money Market 3%

 Retirement Plan Details

Address 5000 Forbes Avenue
Pittsburgh, PA 15213-3815 
Industry Educational Services
Administrator Elizabeth A. Milavec
Net Plan Assets $688,000,000
Total Participants 11,000
Avg Account Balance $67,000

  Plan Service Providers

Insurance Carrier Tiaa-Cref
Auditor Schneider Downs & Co., Inc.

 Comments