New York Life Insurance Company
77
Plan:
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?]
[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 |
Comments