Top 30 401(k) plans
December 21, 2015 11:39 AM
Top 30 401(k) plans
Recognizing companies with the best 401(k) plans with more than $1 billion in assets, BrightScope has released its year-end ranking of the top 401(k) plans, based on factors such as total plan costs, company generosity, salary deferrals and account balances. How does your plan compare?
30. Allergan
Allergan, Inc. Savings and Investment Plan is a defined contribution plan with a profit-sharing component and 401(k) feature. The plan is in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost and currently has over 7,800 active participants and over $1.3 billion in plan assets.
29. Federal National Mortgage Association
Federal National Mortgage Association Retirement Savings Plan for Employees is a DC plan with a profit-sharing component and 401(k) feature. The plan is in the top 15% of plans for account balances, company generosity, participation rate, salary deferral and total plan cost. The plan has over 10,500 active participants and over $1.6 billion in plan assets.
28. McGraw-Hill Financial
The 401k Savings and Profit Sharing Plan of McGraw-Hill Financial, Inc. and its Subsidiaries is a DC plan with a profit-sharing component and 401(k) feature. The plan is in the top 15% of all plans in its peer group, and is also in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. The plan has over 13,300 participants and over $2.2 billion in assets.
27. Bristol-Myers Squibb
Bristol-Myers Squibb Company Savings and Investment Program is a defined contribution plan with a profit-sharing component, 401(k) feature and ESOP component. It ranks in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. The plan has over 22,900 active participants and over $5 billion in assets.
26. Sanofi
Sanofi U.S. Group Savings Plan is a DC plan with a profit-sharing component and 401(k) feature. The plan has a BrightScope rating of 87, placing it in the top 15% of all plans in its peer group. The plan currently has over 25,500 active participants and over $4.9 billion in plan assets.
25. Takeda Pharmaceuticals U.S.A., Inc.
Takeda Pharmaceuticals U.S.A., Inc. Savings and Retirement Plan is a DC plan with a profit-sharing component and a 401(k) feature. The plan is in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. The plan has over 7,900 active participants and over $1.5 billion in plan assets.
24. BASF Corporation
BASF Corporation Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401(k) feature. Its in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. The plan has over 19,300 active participants and over $4.1 billion in plan assets.
23. Latham & Watkins
Latham & Watkins 401k Savings and Profit Sharing Plan is a DC plan with a profit-sharing component and 401(k) feature. Its in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. Latham & Watkins 401k Savings and Profit Sharing Plan currently has over 4,800 active participants and over $1.2 billion in plan assets.
22. Shell Oil Company
Shell Provident Fund is a DC plan with a profit-sharing component and 401(k) feature. Its in the top 15% of plans for account balances, company generosity, participation rate, salary deferral and total plan cost. Shell Provident Fund currently has over 37,000 active participants and over $10.6 billion in plan assets.
21. Phillips 66
Phillips 66 Savings Plan is a DC plan with a profit-sharing component, stock bonus component, 401(k) feature and ESOP component. Its in the top 15% of plans for account balances, company generosity, participation rate, salary deferral and total plan cost. The plan currently has over 14,200 active participants and over $4.4 billion in plan assets.
20. Novartis Corporation
Novartis Corporation Investment Savings Plan is a DC plan with a profit-sharing component and 401(k) feature. The plan has a BrightScope rating of 88, placing it in the top 15% of all plans in its peer group. The plan is also in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. Novartis Corporation Investment Savings Plan currently has over 36,500 active participants and over $7.6 billion in plan assets.
19. Bayer Corporation
Bayer Corporation Savings and Retirement Plan is a DC plan with profit-sharing and 401(k) components. Its in the top 15% of plans for account balances, company generosity, participation rate, salary deferral and total plan cost. The plan currently has over 22,700 active participants and over $5 billion in plan assets.
18. Google
Google Inc. 401k Savings Plan is a DC plan with profit-sharing and 401(k) components. Its in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. The plan currently has over 42,700 active participants and over $4.8 billion in assets.
17. Bank of America Corporation
Merrill Lynch & Co., Inc. 401k Savings & Investment Plan is a DC plan with a profit-sharing component, 401(k) feature and ESOP component. Its in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. Merrill Lynch & Co., Inc. 401k Savings & Investment Plan currently has over 40,800 active participants and over $8.9 billion in plan assets.
16. Pfizer
Pfizer Savings plan is a DC plan with a profit-sharing component, 401(k) feature and ESOP component. Its in the top 15% of plans for account balances, company generosity, participation rate, salary deferral and total plan cost. The plan currently has over 47,000 active participants and over $11.1 billion in plan assets.
15. Exxon Mobil
Exxon Mobil Savings Plan is a DC plan with a profit-sharing component, stock bonus component, 401(k) feature and ESOP component. Its in the top 15% of plans for account balances, company generosity, participation rate, salary deferral and total plan cost. The plan currently has over 43,900 active participants and over $22.3 billion in plan assets.
14. Southern California Permanente Medical Group
Southern California Permanente Medical Group Retirement Plan is a defined contribution plan. Its in the top 15% of plans for account balances, salary deferral and total plan cost. The plan currently has over 7,600 active participants and over $3 billion in plan assets.
13. Bechtel
Bechtel Trust & Thrift Plan is a DC plan with a profit-sharing component and 401(k) feature. The plan is in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. The plan currently has over 19,300 active participants and over $5 billion in plan assets.
12. Agilent Technologies
Agilent Technologies, Inc. 401k Plan is a DC plan with a 401(k) feature. Its in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. The plan currently has over 6,300 active participants and over $1.1 billion in plan assets.
11. Anadarko Petroleum Corporation
Anadarko Employee Savings Plan is a DC plan with a profit-sharing component and 401(k) feature. Its in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. The plan currently has over 7,500 active participants and over $1.7 billion in plan assets.
10. BP Corporation North America Inc.
BP Employee Savings Plan is a DC plan with a profit-sharing component and 401(k) feature. The plan is in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. BP Employee Savings Plan currently has over 32,700 active participants and over $7.7 billion in plan assets.
9. Chevron
Chevron Employee Savings Retirement Plan is a DC plan with a profit-sharing component, 401(k) feature and leveraged ESOP component. Its in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. The plan currently has over 42,400 active participants and over $19 billion in plan assets.
8. ConocoPhillips
ConocoPhillips Savings Plan is a DC plan with a profit-sharing component, stock bonus component, 401(k) feature, ESOP component and leveraged ESOP component. Its in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. The plan currently has over 20,800 active participants and over $7.8 billion in plan assets.
7. United Parcel Service
UPS/IPA Defined Contribution Money Purchase Pension Plan is a DC plan. Its in the top 15% of plans for account balances, company generosity, participation rate and total plan cost. It currently has over 2,600 active participants and over $1.3 billion in assets.
6. Astrazeneca
Astrazeneca Savings and Security Plan is a DC plan with a profit-sharing component and 401(k) feature. Its in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. The plan currently has over 11,000 active participants and over $2.6 billion in plan assets.
5. Wellington Management Group LLP
Wellington Retirement and Pension Plan is a DC plan with a profit-sharing component and 401(k) feature. Its in the top 15% of plans for account balances, company generosity, participation rate, salary deferral and total plan cost. Wellington Retirement and Pension Plan currently has over 3,200 active participants and over $1.6 billion in plan assets.
4. Southwest Airlines
Southwest Airlines Pilots Retirement Savings plan is a DC plan with a profit-sharing component and 401(k) feature. Its in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. The plan has over 8,100 active participants and over $3.1 billion in plan assets.
3. Amgen
Amgen Retirement and Savings Plan is a DC plan with a profit-sharing component, 401(k) feature and ESOP component. Its in the top 15% of plans for account balances, company generosity, participation rate, salary deferral and total plan cost. The plan has over 15,600 active participants and over $4.2 billion in plan assets.
2. Saudi Arabian Oil Company
The Savings Plan of Saudi Arabian Oil Company is a DC plan with a profit-sharing component and 401(k) feature. Its in the top 15% of plans for account balances, company generosity, salary deferral and total plan cost. The Savings Plan of Saudi Arabian Oil Company has over 4,200 active participants and over $1.9 billion in plan assets.
1. NFL Player Second Career Savings Plan
The NFL Player Second Career Savings Plan is a DC plan with a profit-sharing component and 401(k) feature. Its in the top 15% of plans for account balances, company generosity, participation rate, salary deferral and total plan cost. The plan currently has over 7,700 active participants and over $1.6 billion in plan assets.
