Overview

Plan Rating

BrightScope Rating
80
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (60)
Average in Peer Group ()
Highest in Peer Group (91)

Plan Description

Honeywell Savings and Ownership Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 80. This plan is in the top 15% of plans for Account Balances, Salary Deferral, and Total Plan Cost. Honeywell Savings and Ownership Plan currently has over 80,100 active participants and over $12.9B in plan assets.

Did you know?

For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (80) and the top rated plan (91) could equate to:
9
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 101 Columbia Road, Sol-5
  • Location
    Morristown , NJ
  • 07962-1057
  • Industry
    Manufacturing
  • Administrator
    Signed With Authorized Signature
  • Net Plan Assets
    $12,900,000,000
  • Total Participants
    80,000
  • Avg Account Balance
    $170,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Above Average

Performance

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

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Average

Performance

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

Peer Group Plans

Company Rating
General Motors LLC 86.5
Cisco Systems 86.4
Johnson And Johnson 85.3
Raytheon Company 84.1
Ford Motor Company 83.2
3M Company 79.8
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Investments

Investment Menu Stats

# of Investment Options

21

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Honeywell International, Inc. Common Stock 30%
N/A
Honeywell Short-Term Fixed Income 15%
N/A
Honeywell Target Date Index 13%
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
Recordkeeper
Voya Financial (ING)
Corporate Trustee
BlackRock, Inc.
Administration
Honeywell International Inc.
Recordkeeper
Honeywell International Inc.
Investment Adviser
JPMorgan
Investment Adviser
Groom Law Group Chartered
Legal Counsel
Morgan, Lewis & Bockius, LLP
Legal Counsel
Proskauer Rose LLP
Auditor
PricewaterhouseCoopers LLP

Articles and Questions