Overview

Plan Rating

BrightScope Rating
87
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (50)
Average in Peer Group (79)
Highest in Peer Group (91)

Plan Description

IBM 401k Plus Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 87, 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, Salary Deferral, and Total Plan Cost. IBM 401k Plus Plan currently has over 195,200 active participants and over $48.3B in plan assets.

Did you know?

For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (87) and the top rated plan (91) could equate to:
5
Additional years of work
*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 New Orchard Road, Md 261
  • Location
    Armonk , NY
  • 10504
  • Industry
    Other Computer Related Services
  • Administrator
    Richard Carroll
  • Net Plan Assets
    $48,300,000,000
  • Total Participants
    200,000
  • Avg Account Balance
    $250,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Peer Group Plans

Company Rating
Fmr LLC 85.8
Verizon Communications 83.9
Bank of America 80.7
AT&T 79.0
Wells Fargo & Company 78.6
JPMorgan Chase Bank 74.1
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Investments

Investment Menu Stats

# of Investment Options

28

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Total Guaranteed Investment Contracts 20%
N/A
Vanguard Employee Benefit Index Fund 11%
N/A
IBM Mutual Fund Window 11%
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
Recordkeeper
Fidelity
Recordkeeper
BlackRock, Inc.
Administration
IBM Corporation
Investment Adviser
Financial Engines
Consultant
Buck Consultants, Inc.
Legal Counsel
Covington & Burling
Consultant
Mercer (Marsh & McLennan)
Consultant
Towers Watson
Legal Counsel
Ivins, Philips and Barker
Auditor
PricewaterhouseCoopers LLP