J.C. Penney Corporation, Inc.
53
Plan:
J.C. Penney Corporation, Inc. Savings, Profit-Sharing and Stock Ownership Plan
37
55
84
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (53) and the top rated plan (84) could equate to:
[How is this calculated?]
[How is this calculated?]
14 additional years of work Up to $150,700 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
J.C. Penney Corporation, Inc. Savings, Profit-Sharing and Stock Ownership Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 53. This plan is in the top 15% of plans for Total Plan Cost. J.C. Penney Corporation, Inc. Savings, Profit-Sharing and Stock Ownership Plan currently has over 168,600 active participants and over $3.7B in plan assets.
Retirement Plan Details
| Address |
6501 Legacy Drive
Plano, TX 75024-3698 |
| Industry | Retail Trade |
| Administrator | Sharon Boyd |
| Sponsor | Kervin Hartman |
| Net Plan Assets | $3,660,000,000 |
| Total Participants | 170,000 |
| Avg Account Balance | $22,000 |
Compare Other Companies in Peer Group
| Costco Wholesale | 65.5 |
| Nordstrom | 61.1 |
| Target | 60.6 |
| Macy's | 49.3 |
| Sears, Roebuck and Co. | 48.4 |
| Dollar General | 40.3 |
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