5 additional years of work Up to $78,600 in lost retirement savings.Covidien Retirement Savings and Investment Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 78. This plan is in the top 15% of plans for Company Generosity. Covidien Retirement Savings and Investment Plan currently has over 31,400 active participants and over $1.6B in plan assets.
| Address |
15 Hampshire St
Mansfield, MA 02048 |
| Industry | Manufacturing |
| Administrator | Joseph Mongelli |
| Net Plan Assets | $1,550,000,000 |
| Total Participants | 31,000 |
| Avg Account Balance | $51,000 |
| Boston Scientific | 81.4 |
| Varian Medical Systems | 79.2 |
| Synthes U.S.A. | 78.4 |
| Stryker | 78.4 |
| Beckman Coulter | 77.4 |
| St. Jude Medical | 75.0 |
| 1. | Total Common Stocks | 18% |
| 2. | Total Corporate Bonds | 13% |
| 3. | Fidelity Spartan 500 Index | 7% |
| Consultant | Towers Watson |
| Legal Counsel | Morgan, Lewis & Bockius, LLP |
| Legal Counsel | O'Brien, Riley & Ryan, Pc |
| Investment Adviser | SEI Group |
| Investment Adviser | Archimedes Systems |
| Auditor | O'Brien, Riley & Ryan, Pc |
| Recordkeeper | Fidelity |
| Corporate Trustee | Fidelity |
BrightScope Rating
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