BrightScope Rating
Company:
Exxon Mobil Corporation
Plan:
ExxonMobil Savings Plan
Exxon Mobil Corporation
86
Plan:
6
59
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 3 point difference between this plan's BrightScope Rating (86) and the top rated plan (89) could equate to:
[How is this calculated?]
[How is this calculated?]
2 additional years of work Up to $113,500 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.
Plan Description
ExxonMobil Savings Plan is a defined contribution plan with a stock bonus component, 401k feature, ESOP component, and profit-sharing component. This plan has a BrightScope Rating of 86, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Salary Deferrals, Participation Rate, Total Plan Cost, and Account Balances. ExxonMobil Savings Plan currently has over 29,300 active participants and over $19.4B in plan assets.
Plan Details
| Address | PO Box 2283 Houston, TX 77252 |
| Industry | Petroleum Refineries |
| Administrator | Cynthia B. Gee |
| Net Plan Assets | $19,400,000,000 |
| Total Participants | 43,000 |
| Avg Account Balance | $450,000 |
Top 3 Investment Holdings
| 1. | Exxon Mobil Corporation Common Stock | 65% |
| 2. | Northern Trust S&P 500 Index | 8% |
| 3. | Northern Trust Small Company Index | 4% |
Other Companies in Peer Group
| BP Corporation North America | 86.0 |
| Chervon | 85.7 |
| Shell Provident Fund Trustees | 83.4 |
| E. I. du Pont de Nemours and Company | 80.8 |
| Abbott Laboratories | 79.4 |
| The Procter & Gamble Company | 67.1 |
Plan Service Providers
| Auditor | PricewaterhouseCoopers |
| Administration | Ing Institutional Plan Services,LLC |
Comments