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Pfizer Inc.

Form 5500 Data
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

Pfizer Inc.

88
Form 5500 Data
(Top 30 2015)
OverviewPlan ComponentsInvestmentsProvidersArticles & Questions

Overview

Plan Rating

BrightScope Rating
88
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (33)
Average in Peer Group (73)
Highest in Peer Group (92)

Plan Description

Pfizer Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 88, 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. Pfizer Savings Plan currently has over 50,600 active participants and over $13.2B in plan assets.

Did you know?

For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (88) and the top rated plan (92) 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 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 100 Route 206 North
  • Location
    Peapack , NJ
    • 07977
  • Industry
    Manufacturing
  • Administrator
    Stephen Pennacchio
  • Net Plan Assets
    $13,200,000,000
  • Total Participants
    51,000
  • Avg Account Balance
    $280,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

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

Peer Group Plans

Company Rating
ConocoPhillips Company 89.5
Merck & Co. 87.4
Cisco Systems 86.6
Eli Lilly and Company 84.8
Intel 84.6
Dell 75.9
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Top Industry Articles

exclusives
Inheritance Pathways Exist to Replace Stretch IRAs
The SECURE Act is stalled in the U.S. Senate due in part to several lawmakers’ concerns that it does away with so-called “stretch IRAs,” but tax and inheritance experts say other effective tax mitigation strategies are available.
September 20, 2019
Products
Closing of Schwab ETF OneSource Reflects Market’s Fee Concerns

Launched in 2013, the platform originally allowed clients to buy and sell about 100 exchange-traded funds with no online trade commissions. Since then, investors’ expectations about fees and commissions have shifted dramatically.

January 22, 2020
Products
2019 Adviser Choice Awards

PLANADVISER has announced winners of the sixth annual Adviser Choice Awards, to be handed out at the 2020 PLANSPONSOR + PLANADVISER Excellence in Retirement Awards on March 26th.

January 23, 2020
Compliance
Prudential Investment Management Consents to FINRA Censure

FINRA says a lapse in sufficient supervision led to retirement plan clients being supplied with inaccurate investment expense ratio and performance information.

January 17, 2020
exclusives
‘Stretch IRAs,’ Multigenerational Inheritance and the SECURE Act
Low and middle-income Americans struggling to save for retirement are depending on the U.S. Senate to pass the SECURE Act, advocates say. At present, one roadblock seems to the law’s treatment of “stretch IRAs.”
August 14, 2019

Investments

Investment Menu Stats

# of Investment Options

28

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Target Retirement 24%
N/A
Pfizer, Inc. Common Stock 13%
N/A
Northern Trust S&P 500 Index 13%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan
for Asset Managers

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Various
Insurance Carrier
AIG Asset Management (U.S.), LLC
Insurance Carrier
Bank of Tokyo - Mitsubishi
Insurance Carrier
Prudential
Insurance Carrier
RBC Wealth Management
Insurance Carrier
State Street Global Advisors
Insurance Carrier
JPMorgan
Insurance Carrier
Empower
Insurance Carrier
New York Life
Recordkeeper
Fidelity
Auditor
Kpmg, LLP

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

Insights

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*Articles are published by advisors without compensation
Why Do Investment Expenses Matter?
Ryan Alfred

Popular Questions

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