Each year pension plans are required to file an annual report documenting their financial condition, investments, and operations. This requirement is satisfied by filing the Form 5500 Annual Return/Report and any required attachments with the Department of Labor. While the Department of Labor makes the data contained in the Form 5500 filings “publicly available”, BrightScope [...]
These are a few of the notable plans which can now be found on the BrightScope website:
Company
Net Assets
General Motors (2) – $20,800,000,000
BP – $9,970,000,000
Bank of America – $4,390,000,000
Alcoa (3) – $4,300,000,000
Bristol-Myers Squibb – $3,414,000,000
Coca-Cola Enterprises – $1,498,000,000
Avaya Inc. – $1,463,000,000
Aramark Corporation (2) – $1,250,000,000
Medco Health – $840,000,000
Symantec Corporation – $646,000,000
JM Huber – $590,000,000
Teradyne Corporation – [...]
Here are some of the things that BrightScope is reading:
The House Education and Labor Committee is marking up H.R.2989 this morning. The 401(k) Fair Disclosure and Pension Security Act of 2009 (H.R. 2989) is new legislation that combines provisions from the recently approved fee disclosure and investment advice bills (H.R. 1984 and H.R. 1988). The [...]
These are a few of the notable plans which can now be found on the BrightScope website:
Company
Net Assets
Cisco Systems – $3,650,000,000
PricewaterhouseCoopers – $2,930,000,000
Liberty Mutual Group – $2,821,000,000
UnitedHealth Group – $2,782,000,000
Bayer Corporation – $2,646,000,000
American Standard – $1,569,000,000
Kellogg Brown & Root LLC – $1,512,000,000
Danaher Corporation – $1,320,000,000
Sony Electronics – $1,285,000,000
Pentegra – $1,229,000,000
United States Steel – $1,105,000,000
Wellington Management [...]
This Wednesday June 17th the House Committee on Education and Labor will meet to markup H.R. 1984, the 401k Fair Disclosure for Retirement Security Act of 2009. BrightScope has reviewed the bill in its current form and has expressed its full support for the legislation in a letter to the committee members. No piece of [...]
BrightScope has made many changes over the past month, including updating 80% of plans to reflect data through the 2007 plan year. Many previously rated plans now have updated scores and there are over 100 new plans rated. Our goal for 2009 is to have 25,000 plans rated. It is an ambitious goal but we [...]
