Overview

Plan Rating

BrightScope Rating
90
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (44)
Average in Peer Group (78)
Highest in Peer Group (90)

Plan Description

Amgen Retirement and Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 90, 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, Participation Rate, Salary Deferral, and Total Plan Cost. Amgen Retirement and Savings Plan currently has over 16,300 active participants and over $4.3B in plan assets.
Congratulations!
This plan has the highest rating in its peer group.

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 12/31/2016
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address One Amgen Center Drive, Ms 21-2-A
  • Location
    Thousand Oaks , CA
  • 91320-0000
  • Industry
    Manufacturing
  • Administrator
    Carole Mendoza
  • Net Plan Assets
    $4,280,000,000
  • Total Participants
    16,000
  • Avg Account Balance
    $260,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

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

Peer Group Plans

Company Rating
Bayer 88.8
AstraZeneca Pharmaceuticals LP 88.7
BASF 87.4
Phillips 66 Company 87.4
Monsanto Company 83.3
The Sherwin-Williams Company 73.5
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

33

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Total Common Stocks 21%
N/A
Northern Trust S&P 500 Index 19%
N/A
Self-Directed Brokerage Accounts 7%
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
Various
Insurance Carrier
Prudential
Insurance Carrier
Transamerica
Insurance Carrier
AIG Asset Management (U.S.), LLC
Corporate Trustee
Merill Lynch Fenner & Smith
Recordkeeper
Merill Lynch Fenner & Smith
Investment Adviser
JPMorgan
Auditor
Ernst & Young

Articles and Questions

Boeing Plan Report (Updated)

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Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

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