Rate Your401(k) and see Where it Ranks.

Here’s a handy little tool: BrightScope.com.

It’s a web site that lets people view information about their employer’s401(k) offerings and allows them to add information to the site in the hopes of building a better data set.

The database tracks over 2,000 statistics on401(k) plans including, net assets, fees, the number of participants, the average account balance, top investment holdings and service providers.

Some companies offering the best401(k) plans include:

  • Saudi Arabian Oil, Lockheed Martin (LMT
  • Southwest Airlines (LUV
  • Piper Jaffray (PJC
  • FedEx (FDX
  • Amgen (AMGN
  • Chevron (CVX
  • Exxon Mobil (XOM
  • AstraZeneca (AZN)
  • IBM (IBM
  • Microsoft (MSFT).

And the worst plans are offered by:

  • Darden Restaurants (DRI)
  • Big Lots (BIG)
  • RadioShack (RSH)
  • Zale Corp.(ZLC
  • Bob Evans Farms (BOBE
  • Best Buy (BBY
  • Whole Foods Market (WFMI
  • La-Z-Boy (LZB
  • Wal-Mart (WMT
  • Home Depot (HD
  • Tyson Foods (TSN)

To be fair, many of the retail chains perform poorly in the BrightScope.com ratings because they tend to have employees with short term employment and lower enrollment rates, which bring the overall average balance and participant figures down

Head on over to the site and see how your plan rates.


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