Overview

Plan Rating

BrightScope Rating
79
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (39)
Average in Peer Group (73)
Highest in Peer Group (88)

Plan Description

Amway Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 79. This plan is in the top 15% of plans for Account Balances, Company Generosity, and Salary Deferral. Amway Retirement Savings Plan currently has over 5,800 active participants and over $1.1B in plan assets.

Did you know?

For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (79) and the top rated plan (88) could equate to:
6
Additional years of work
70,827
Lost 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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 7575 E. Fulton Street, 56-3t
  • Location
    Ada , MI
  • 49355-0001
  • Industry
    Manufacturing
  • Net Plan Assets
    $1,100,000,000
  • Total Participants
    5,900
  • Avg Account Balance
    $190,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

Participation Rate:
Above Average
Salary Deferrals:
Great
Account Balance:
Great

Design

Total Plan Cost:
High Fees
Company Generosity:
Above Average

Performance

Participation Rate:
Above Average
Salary Deferrals:
Average
Account Balance:
Great

Peer Group Plans

Company Rating
PerkinElmer 81.0
C.R. Bard 76.9
IGT 76.0
Ametek 75.2
ACCO Brands 71.0
DENTSPLY International 55.0
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Investments

Investment Menu Stats

# of Investment Options

37

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Fidelity Freedom Funds 17%
15%
Fidelity 500 Index 14%
6%
Fidelity Managed Income Portfolio 8%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
John Alden Life Insurance Co.
Investment Adviser
Actiom
Consultant
Actiom
Recordkeeper
Fidelity
Consultant
DeMarche Associates
Auditor
Hungerford, Aldrin, Nichols & Carter, P.C.