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Company:
New York Life Insurance Company
Plan:
New York Life Insurance Company Employee Progress-Sharing Investment Plan
 

New York Life Insurance Company

77 Plan:

 
 
77
41
73
88
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 (77) and the top rated plan (88) could equate to:
[How is this calculated?]
8 additional years of work
Up to $78,000 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

New York Life Insurance Company Employee Progress-Sharing Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 77. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. New York Life Insurance Company Employee Progress-Sharing Investment Plan currently has over 12,500 active participants and over $1.7B in plan assets.

 

 Retirement Plan Details

Address 51 Madison Avenue, Room 511
New York, NY 10010-1603 
Industry Finance and Insurance
Administrator Maria J. Mauceri
Net Plan Assets $1,710,000,000
Total Participants 13,000
Avg Account Balance $140,000

 Compare Other Companies in Peer Group

UBS AG 85.4
Aon 79.9
The Chubb 79.3
John Hancock Financial Services 79.3
AXA Equitable Life Insurance Company 75.3
Aegon USA, LLC 72.8

 Top 3 Funds in this 401k

1. New York Life Fixed Dollar Account 69%
2. MainStay Epoch US All Cap 5%
3. MainStay S&P 500 Index 5%

  Plan Service Providers

Insurance Carrier New York Life
Auditor PricewaterhouseCoopers LLP

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