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 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. Pfizer Savings Plan currently has over 53,800 active participants and over $13.8B in plan assets.
Did you know?
For the average 401k participant, the 1 point difference between this plan's BrightScope Rating (90) and the top rated plan (91) could equate to:
1
Additional years of work
81,133
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 Route 206 North
Benchmark your plan against others to achieve your business objectives.
Top Industry Articles
Compliance
CARES Act Update: A Few Important Points About Required Minimum Distributions
First the SECURE Act and now the CARES Act have made important changes to the rules for required minimum distributions from individual retirement accounts and 401(k)s.
April 1, 2020
Compliance
Hard Choices Ahead About Easing Hardship Withdrawals
With the coronavirus pandemic causing acute financial harm to so many Americans, plan sponsors may feel compelled to offer hardship withdrawal relief in their plans; plan advisers can help them make the best decisions for their workforce by, for example, endorsing loans over outright withdrawals.
April 2, 2020
Compliance
Stimulus Package Allows Early Withdrawals, Deferred RMDs and More
The retirement plan-focused provisions passed by the Senate last night are among many meant to ease the financial pressures posed by the coronavirus pandemic.
March 26, 2020
exclusives
A Brave New Fiduciary World
The response of advisers to the coronavirus pandemic can provide a concrete illustration of how fiduciaries now function.
April 7, 2020
Compliance
SEC Says Coronavirus Will Not Delay Reg BI, Form CRS
“The uncertainties caused by COVID-19 have not changed our perspective or commitment,” SEC Chairman Jay Clayton says.
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
