BrightScope Announces the Top 25 Portland Area Companies With the Best 401k Plans
Oregon Anesthesiology Group and Stoel Rives LLP Hold Down the Top Two Spots; Seven New Companies Join the List
(firmenpresse) - SAN DIEGO, CA -- (Marketwired) -- 07/14/15 -- BrightScope (), a leading provider of independent financial information and investment research, today announced the ranking of Portland, Oregon companies with the highest rated 401k plans containing more than $100 million in assets.
"Top rated companies in Portland are exceeding expectations when it comes to improving employee retirement plan offerings," said Brooks Herman, Head of Data & Research at BrightScope. "The most progressive employers realize that people are increasingly interested in being better prepared for their financial future -- and they responding to the demand by providing higher quality 401k plans."
Noteworthy findings in the 2015 Portland 401k Plans list include:
Holding it Down: Oregon Anesthesiology Group, P.C. and Stoel Rives LLP remain at No.1 and No. 2, respectively, while further increasing plan quality
Warm Welcome: Iberdrola Renewables (No. 3), Cambia Health Solutions, Inc. (No. 6), Daimler Trucks North America LLC (No. 9), FEI Company (No. 11), The Oregon Clinic, P.C. (No. 12), The Vancouver Clinic, Inc. (No. 13) and Cascade Corporation (No. 16)
Welcome Back: Mentor Graphics Corporation (No. 4), Portland General Electric (No. 5), PacifiCorp (No. 7), Detroit Diesel Corporation (No. 8), Northwest Natural Gas Company (No. 10), TriQuint Semiconductor, Inc. (No. 14), Standard Insurance Company (No. 15), Siltronic Corporation (No. 17), Salem Health (No. 18), Adidas America, Inc. (No. 19), Hoffman Corporation (No. 20), NIKE, Inc. (No. 21), ESCO Corporation (No.22), Con-Way Inc. (No.23) and Blount International, Inc. (No. 24)
Average account balance for plans listed is $158,194.86
Average participation rate for plans on the list is 93.73 percent
Average company generosity for plans listed is $7,559.65; the median is $5,331
Average salary deferral for plans listed is $5,934.94; the median is $5,811
Top funds by total distribution held in Portland's Top 25 401k plans are:
1. - 16 plans - $393M
2. - 7 plans - $263M
3. - 2 plans - $231M
Top 25 Portland companies with the highest ranked 401k plans containing more than $100 million in assets:
- -
1. Oregon Anesthesiology Group, P.C. - 92.51
2. Stoel Rives LLP - - 86.79
3. Iberdrola Renewables - - 84.82
4. Mentor Graphics Corporation - - 82.87
5. Portland General Electric - - 82.10
6. Cambia Health Solution, Inc. - - 81.50
7. PacifiCorp - - 81.15
8. Detroit Diesel Corporation - - 81.09
9. Daimler Trucks North America LLC - 80.88
10. Northwest Natural Gas Company - - 80.26
Note: This data is accurate as of July 1, 2015.
To view the complete list of the Top 25 Portland area companies with the best 401k plans in the United States, visit the BrightScope Blog at:
Investors can find more information about the funds that make up their 401k plan at BrightScope Fund Pages:
BrightScope obtains an increasing amount of its data directly from plan sponsors and record keepers, and augments these primary sources with data from publicly available sources such as the Department of Labor and the Securities and Exchange Commission. By analyzing and interpreting this data, BrightScope provides unprecedented transparency into the 401k industry.
The BrightScope Rating was developed by BrightScope, Inc. with the help of leading academics and independent 401k fiduciaries. By analyzing more than 200 individual data points, the BrightScope Rating algorithm calculates a single numerical value for each 401k plan. The data points examined cover broad categories such as total plan cost, company generosity and investment menu quality.
BrightScope has rated nearly 50,000 401k and 403b plans, spanning more than 57 million workers and over $3 trillion in assets. Industry adoption of the BrightScope Rating will lead to more cost-effective plans, increased participation rates, higher employee satisfaction and better outcomes for the 60 million employees who depend on their 401k plan for retirement.
BrightScope is a financial information company that brings transparency to opaque markets through independent research and analysis. Delivered through cloud-based software, BrightScope data drives better decision-making for individual investors, corporate plan sponsors, asset managers, broker-dealers, and financial advisors. The BrightScope Rating™, developed in partnership with leading independent 401k fiduciaries, reviews more than 200 unique data inputs per plan and calculates a single numerical score which defines plan quality at the company level. In April 2011, the company launched BrightScope Advisor Pages™, the first comprehensive and publicly available directory of financial advisors designed to help consumers discover information and conduct due diligence on wealth management professionals. BrightScope also markets a suite of data analytics software products to Fortune 1000 companies, asset managers, broker-dealers, financial advisors, and other market participants. Public ratings for nearly 50,000 retirement plans as well as rating definitions, criteria and methodologies, and information on more than 680,000 financial advisors and nearly 33,000 active advisory firms are available for free at .
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Datum: 14.07.2015 - 15:00 Uhr
Sprache: Deutsch
News-ID 406725
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