Overview

Plan Rating

BrightScope Rating
82
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (46)
Average in Peer Group (68)
Highest in Peer Group (90)

Plan Description

W.W. Grainger, Inc. Employees Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 82, 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, and Total Plan Cost. W.W. Grainger, Inc. Employees Profit Sharing Plan currently has over 24,700 active participants and over $2.4B in plan assets.

Did you know?

For the average 401k participant, the 8 point difference between this plan's BrightScope Rating (82) and the top rated plan (90) could equate to:
6
Additional years of work
37,918
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 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 100 Grainger Parkway
  • Location
    Lake Forest , IL
  • 60045-5201
  • Industry
    Wholesale Trade
  • Administrator
    Christa Oliverii
  • Sponsor
    Scott Witz
  • Net Plan Assets
    $2,400,000,000
  • Total Participants
    25,000
  • Avg Account Balance
    $98,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Below Avg.
Account Balance:
Great

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Peer Group Plans

Company Rating
Hallmark Cards 80.2
Robert Bosch LLC 78.9
Panasonic Corporation of North America 78.5
Mattel 78.5
US Foods 71.2
Sonepar Management US 69.6

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

18

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Target Retirement 56%
16%
Vanguard Total Stock Market Index 14%
28%
Vanguard Total International Stock Index 14%
39%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Vanguard Group
Consultant
Vanguard Group
Recordkeeper
Ernst & Young
Auditor
Ernst & Young

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

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

Why Do Investment Expenses Matter?
Have a question about retirement plans?
Our community of registered financial advisors are standing by to share their experience.
Ask a question