Johnson & Johnson
84
Plan:
10
72
86
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 (84) and the top rated plan (86) could equate to:
[How is this calculated?]
[How is this calculated?]
1 additional year of work Up to $48,400 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
Johnson & Johnson Savings Plan is a defined contribution plan with a 401k feature and leveraged ESOP component. This plan has a BrightScope Rating of 84, 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, Salary Deferral, and Total Plan Cost. Johnson & Johnson Savings Plan currently has over 60,600 active participants and over $8.1B in plan assets.
Retirement Plan Details
| Address |
One Johnson And Johnson Plaza
New Brunswick, NJ 08933 |
| Industry | Manufacturing |
| Administrator | David S. Krempecki |
| Net Plan Assets | $8,150,000,000 |
| Total Participants | 61,000 |
| Avg Account Balance | $130,000 |
Compare Other Companies in Peer Group
| Kimberly-Clark | 82.5 |
| Corning | 80.2 |
| Textron | 78.7 |
| Philips Electronics North America | 78.3 |
| Honeywell International | 78.1 |
| 3M Company | 77.1 |
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