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Company:
SVB Financial Group
Plan:
SVB Financial Group 401k and Employee Stock Ownership Plan
 

SVB Financial Group

87 Plan: SVB Financial Group 401k and Employee Stock Ownership Plan

 
 
87
42
69
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 2 point difference between this plan's BrightScope Rating (87) and the top rated plan (89) could equate to:
[How is this calculated?]
1 additional year of work
Up to $42,300 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

SVB Financial Group 401k and Employee 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 87, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, and Salary Deferral. SVB Financial Group 401k and Employee Stock Ownership Plan currently has over 1,900 active participants and over $207.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
29
Plan Average: 24
Top 3 Funds in this 401k
1. SVB Financial Group Common Stock 12%
2. Fidelity Spartan 500 Index 10%
3. Fidelity Retirement Money Market 10%

 Retirement Plan Details

Address 3003 Tasman Drive, M/S Hc 130
Santa Clara, CA 95054 
Industry Commercial Banking
Administrator Nick De Porcel
Net Plan Assets $208,000,000
Total Participants 2,000
Avg Account Balance $110,000

  Plan Service Provider

Auditor Moss Adams

 Comments