BrightScope Rating
Company:
Schering-Plough Corporation
Plan:
Schering-Plough Employees' Savings Plan
Schering-Plough Corporation
83
Plan:
Schering-Plough Employees' Savings Plan
6
59
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (83) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
7 additional years of work Up to $399,700 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
Schering-Plough Employees' Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. 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. Schering-Plough Employees' Savings Plan currently has over 13,400 active participants and over $1.6B in plan assets.
Plan Details
| Address | 2000 Galloping Hill Road Kenilworth, NJ 07033 |
| Industry | Pharmaceutical & Medicine Mfg |
| Administrator | Vincent Sweeney |
| Net Plan Assets | $1,660,000,000 |
| Total Participants | 20,000 |
| Avg Account Balance | $82,000 |
Other Companies in Peer Group
| Pfizer | 85.6 |
| Novartis Pharmaceuticals | 84.1 |
| Sanofi-Aventis US LLC | 83.8 |
| Marathon Oil Company | 79.5 |
| Hallmark Cards | 67.6 |
| International Paper Company | 63.2 |
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