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 190,700 active participants and over $46.8B in plan assets.
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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:
4
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 12/31/2015 Plan data has been audited by an Independent Qualified Public Accountant (IQPA).Address
New Orchard Road, Md 261
IBM sponsors the largest private defined contribution plan in the United States, which is widely regarded as excellent. Its DC plan features a matching contribution, an automatic company contribution, and immediate vesting. BrightScope rates IBM’s plan near the top of its peer group, and in 2014 IBM
