BrightScope Rating
Company:
Johnson & Johnson
Plan:
Johnson & Johnson Savings Plan
Johnson & Johnson
83
Plan:
7
60
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 7 point difference between this plan's BrightScope Rating (83) and the top rated plan (90) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $282,100 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
Johnson & Johnson Savings Plan is a defined contribution plan with a leveraged ESOP component and 401k feature. This plan has a BrightScope Rating of 83, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Salary Deferrals, Total Plan Cost, and Account Balances. Johnson & Johnson Savings Plan currently has over 41,000 active participants and over $6.2B in plan assets.
Plan Details
| Address | One Johnson & Johnson Plaza Wh-7344 New Brunswick, NJ 08933 |
| Industry | Other Miscellaneous Manufacturing |
| Administrator | Michele M. Lee |
| Net Plan Assets | $6,240,000,000 |
| Total Participants | 64,000 |
| Avg Account Balance | $97,000 |
Top 3 Investment Holdings
| 1. | Johnson & Johnson Common Stock | 27% |
| 2. | Johnson & Johnson JJ4C Russell 3000 Diversified Equity | 18% |
| 3. | Johnson & Johnson JJ3C International Equity Core | 14% |
Other Companies in Peer Group
| Intel | 81.9 |
| Motorola | 78.6 |
| Ford Motor Company | 76.3 |
| General Motors | 73.2 |
| L-3 Communications Holdings | 72.3 |
| 3M Company | 72.3 |
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