Xerox Corporation
74
Plan:
54
76
87
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 13 point difference between this plan's BrightScope Rating (74) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $97,400 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
Xerox Corporation Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Xerox Corporation Savings Plan currently has over 44,900 active participants and over $4.4B in plan assets.
Retirement Plan Details
| Address |
45 Glover Avenue
Po Box 4505 Norwalk, CT 06856-4505 |
| Industry | Manufacturing |
| Administrator | Arlyn Kaster |
| Net Plan Assets | $4,370,000,000 |
| Total Participants | 45,000 |
| Avg Account Balance | $99,000 |
Compare Other Companies in Peer Group
| Cisco Systems | 85.0 |
| Alcatel-Lucent | 84.1 |
| Motorola | 83.8 |
| Harris | 80.1 |
| Intel | 79.4 |
| L-3 Communications | 75.1 |
Top 3 Funds in this 401k
| 1. | Vanguard Target Retirement 2020 | 16% |
| 2. | Total Common Stocks | 14% |
| 3. | Monumental Life Sub-Advised Guaranteed Investment Contracts | 10% |
Plan Service Providers
| Recordkeeper | Aon Hewitt EnnisKnupp |
| Investment Adviser | Financial Engines |
| Administration | ACS HR Solutions |
| Investment Adviser | Mercer |
| Legal Counsel | Groom Law Group Chartered |
| Legal Counsel | Axiom |
| Consultant | Process Advantage |
| Recordkeeper | Stevens Group |
| Consultant | Stevens Group |
| Legal Counsel | Ivins, Philips and Barker |
| Legal Counsel | Gilardi & Co. |
| Auditor | PricewaterhouseCoopers LLP |
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