Top 30 401(k) Plans of 2011

Brightscope releases top 401(k) plans with at least $1 billion in assets

Some of the best plans are at airlines or with pilots unions. (Photo: AP) Some of the best plans are at airlines or with pilots unions. (Photo: AP)

Brightscope on Tuesday released its third annual list of the best 401(k) plans for 2011. These plans have at least $1 billion in assets as reported by plan sponsors and recordkeepers. Brightscope also uses publicly available data from the Department of Labor and the Securities and Exchange Commission in its analysis.

"There is no doubt that access to better evaluation tools and information on retirement plans has had a positive effect on the overall quality of plans available to employees," Mike Alfred, CEO and co-founder of BrightScope, said in a statement. "The average rating of the plans on this year’s Top 30 List increased more than 75 basis points over 2010. This tells us that plan sponsors are using data more effectively, conducting better due diligence, and making superior overall decisions."

Keep reading to see the Top 30 401(k) plans of 2011.

 Goldman CEO Lloyd Blankfein. (Photo: AP)

2011
Rank
2010
Rank
Plan Name Headquarters   Brightscope
Rating
30 N/A The Vanguard Retirement and Savings Plan Malvern, PA  85.2
29 28 Goldman Sachs 401k Plan New York 85.25
28 23 Federal Express Corporation Pilots' Retirement Savings Plan Memphis, TN 85.26
27 11 UBS Savings and Investment Plan New York 85.39
26 26 GlaxoSmithKline Retirement Savings Plan Philadelphia 85.79

 BP headquarters in Houston. (Photo: AP)

2011
Rank
2010
Rank
Plan Name Headquarters   Brightscope
Rating
25 29 AstraZeneca Savings and Security Plan Wilmington,
DE
85.92
24 24 Shell Provident Fund Houston 86.23
23 8 BP Employee Savings Plan Houston 86.26
22 12 IBM 401k Plus Plan Armonk,
NY
86.28
21 21 ConocoPhillips Savings Plan Bartlesville, 
OK
86.3

 Google headquarters in Mountian View, Calif. (Photo: AP)

2011
Rank
2010
Rank
Plan Name Headquarters   Brightscope
Rating
20 19 Genentech, Inc. Tax Reduction Investment Plan  South San
Francisco, CA
86.36
19 N/A Google Inc. 401k Savings Plan Mountain View,
CA
86.61
18 15 Anadarko Employee Savings Plan The Woodlands,
TX
86.64
17 N/A Ernst & Young Partnership Retirement Plan Secaucus,
NJ
86.65
16 17 Bechtel Trust & Thrift Plan San Francisco 86.76

 Bristol Myers sign

2011
Rank
2010
Rank
Plan Name Headquarters   Brightscope
Rating
15 N/A BASF Corporation Retirement Savings Plan Florham Park,
NJ 
86.95
14 14 Sanofi-Aventis US Savings Plan Bridgewater,
NJ
86.96
13 18 Chevron Employee Savings Investment Plan  San Ramon,
CA
87.03
12 13 ExxonMobil Savings Plan Houston 87.07
11 N/A Bristol-Myers Squibb Company Savings and Investment Program New York 87.23

 Bayer aspirin

2011
Rank
2010
Rank
Plan Name Headquarters   Brightscope
Rating
10 7 Bayer Corporation Savings and Retirement Plan Pittsburgh 87.37
9 2 Southern California Permanente Medical Group Retirement Plan Pasadena,
CA
87.57
8 16 Novartis Pharmaceuticals Corporation Investment Savings Plan East Hanover,
NJ
88.16
7 6 Employees Savings and Retirement Plan of Credit Suisse New York 88.44
6 4 Amgen Retirement and Savings Plan Thousand Oaks,
CA
88.99

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