BrightScope Rating
Company:
Xerox Corporation
Plan:
Xerox Corporation Savings Plan
Xerox Corporation
75
Plan:
7
60
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 15 point difference between this plan's BrightScope Rating (75) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $300,900 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.
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 75, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Salary Deferrals, Total Plan Cost, and Account Balances. Xerox Corporation Savings Plan currently has over 26,600 active participants and over $3.5B in plan assets.
Plan Details
| Address | 45 Glovfp, Nvf-Nuf Norwalk, CT 06856 |
| Industry | Computer & Peripheral Equipment Mfg |
| Administrator | Lawrence M. Becker |
| Net Plan Assets | $3,580,000,000 |
| Total Participants | 39,000 |
| Avg Account Balance | $93,000 |
Top 3 Investment Holdings
| 1. | Vanguard Lifecycle 2020 | 21% |
| 2. | Vanguard Lifecycle 2010 | 6% |
| 3. | Promark Corporate Bond | 5% |
Other Companies in Peer Group
| Cisco Systems | 83.6 |
| BAE Systems | 79.7 |
| DaimlerChrysler | 79.2 |
| Johnson Controls | 70.5 |
| Johnson Controls | 69.2 |
| The Boeing Company & Consolidated... | 43.3 |
Plan Service Providers
| Auditor | PricewaterhouseCoopers |
| Investment Adviser | Financial Engines |
| Legal Counsel | Ivins, Phillips & Barker |
| Consultant | Mercer |
| Corporate Trustee | State Street |
| Legal Counsel | Axiom |
| Consultant | On Design |
| Consultant | U.S. Trust |
| Legal Counsel | Alston & Bird, LLP |
| Consultant | Roberts Communications, Inc. |
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